Canola Commodity Update for the Week Ending Aug 03, 2018

Canola closed the week of Jul 30, 2018 at 494. When compared with last week’s price of 493.6, canola’s value jumped by 0.1% in one week.

Canola’s high of the week came on Jul 31, 2018, when the price held at 500.8.

In just a month, canola’s prices dropped by 2.5%. At this time last month, they were at 506.9 and have since dropped to 494.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 478. The change in prices from a year ago represents an increase of 3.3%.

2017's high for canola occurred on Mar 01, 2017, when the price reached 519.

The total volume for canola this week was 32326. The commodity’s best performing day of the week was Jul 31, 2018, when the price reached 10099.

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