Canola Commodity Update for the Week Ending Aug 16, 2019

For the week of Aug 12, 2019, canola finished with a price of 452.4. Last week, canola finished with a price of 454.1, representing a drop of 0.4%.

The lowest point for canola during the week was on Aug 13, 2019, when the price was only 448.9.

The difference in canola from Jul 16, 2019 and Aug 16, 2019 saw the price of canola rise by 1.6%. At this time last month, prices were at 445.3 and have now jumped to 452.4.

Canola has also seen price drops since last year. Around this time in 2018, the prices were at 505.3. The change in prices from last year equal a decrease of 10.5%.

Canola's low point for 2018 came on Sep 18, 2018, when the price held at 488.3.

Canola’s total volume for the week of Aug 12, 2019 was 53668. The worst day this week for canola came on Aug 15, 2019 when the price fell to 9217.

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