Canola Commodity Update for the Week Ending Aug 10, 2018

Canola closed the week of Aug 06, 2018 at 504.9. When compared with last week’s price of 494, canola’s value jumped by 2.2% in one week.

Canola’s high of the week came on Aug 08, 2018, when the price held at 510.7.

The difference in canola from Jul 10, 2018 and Aug 08, 2018 saw the price of canola rise by 0.5%. At this time last month, prices were at 502.5 and have now jumped to 504.9.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 484.8. The change in prices from a year ago represents an increase of 4.1%.

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

The total volume for canola this week was 46627. The commodity’s best performing day of the week was Aug 08, 2018, when the price reached 15393.

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