Canola Commodity Update for the Week Ending Feb 22, 2019

For the week of Feb 18, 2019, canola finished with a price of 481.4. Last week, canola finished with a price of 484.8, representing a drop of 0.7%.

The lowest point for canola during the week was on Feb 20, 2019, when the price was only 479.3.

In just a month, canola’s prices dropped by 2.5%. At this time last month, they were at 493.5 and have since dropped to 481.4.

Canola has also seen price drops since last year. Around this time in 2018, the prices were at 519. The change in prices from last year equal a decrease of 7.2%.

Canola's low point for 2018 came on Nov 19, 2018, when the price held at 488.7.

Canola’s total volume for the week of Feb 18, 2019 was 58693. The worst day this week for canola came on Feb 22, 2019 when the price fell to 10358.

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