Canola Commodity Update for the Week Ending Aug 17, 2018

Canola closed the week of Aug 13, 2018 at 510.9. When compared with last week’s price of 504.9, canola’s value jumped by 1.2% in one week.

Canola’s high of the week came on Aug 17, 2018, when the price held at 510.9.

The difference in canola from Jul 17, 2018 and Aug 17, 2018 saw the price of canola rise by 4.6%. At this time last month, prices were at 488.3 and have now jumped to 510.9.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 477.6. The change in prices from a year ago represents an increase of 7%.

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

The total volume for canola this week was 38997. The commodity’s best performing day of the week was Aug 16, 2018, when the price reached 9209.

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