Canola Commodity Update for the Week Ending Aug 24, 2018

For the week of Aug 20, 2018, canola finished with a price of 497.1. Last week, canola finished with a price of 510.9, representing a drop of 2.7%.

The lowest point for canola during the week was on Aug 23, 2018, when the price was only 496.6.

The difference in canola from Jul 24, 2018 and Aug 20, 2018 saw the price of canola rise by 1.5%. At this time last month, prices were at 489.9 and have now jumped to 497.1.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 480. The change in prices from a year ago represents an increase of 3.6%.

Canola's low point for 2017 came on Aug 16, 2017, when the price held at 470.7.

Canola’s total volume for the week of Aug 20, 2018 was 42167. The worst day this week for canola came on Aug 24, 2018 when the price fell to 5999.

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