Canola Commodity Update for the Week Ending Feb 16, 2018

Canola closed the week of Feb 12, 2018 at 508.2. When compared with last week’s price of 503.5, canola’s value jumped by 0.9% in one week.

Canola’s high of the week came on Feb 13, 2018, when the price held at 509.

The difference in canola from Jan 16, 2018 and Feb 13, 2018 saw the price of canola rise by 2.3%. At this time last month, prices were at 497 and have now jumped to 508.2.

Canola has also seen price drops since last year. Around this time in 2017, the prices were at 513. The change in prices from last year equal a decrease of 0.9%.

2017's high for canola occurred on Jul 10, 2017, when the price reached 537.1.

The total volume for canola this week was 44491. The commodity’s best performing day of the week was Feb 16, 2018, when the price reached 12488.

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