Canola Commodity Update for the Week Ending Aug 31, 2018

For the week of Aug 27, 2018, canola finished with a price of 495.6. Last week, canola finished with a price of 497.1, representing a drop of 0.3%.

The lowest point for canola during the week was on Aug 28, 2018, when the price was only 488.6.

In just a month, canola’s prices dropped by 1%. At this time last month, they were at 500.8 and have since dropped to 495.6.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 483.5. The change in prices from a year ago represents an increase of 2.5%.

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 27, 2018 was 51451. The worst day this week for canola came on Aug 27, 2018 when the price fell to 9187.

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