Canola Commodity Update for the Week Ending Jan 18, 2019

Canola closed the week of Jan 14, 2019 at 484.2. When compared with last week’s price of 483.3, canola’s value jumped by 0.2% in one week.

Canola’s high of the week came on Jan 18, 2019, when the price held at 484.2.

In just a month, canola’s prices dropped by 0.9%. At this time last month, they were at 488.4 and have since dropped to 484.2.

Canola has also seen price drops since last year. Around this time in 2018, the prices were at 509. The change in prices from last year equal a decrease of 4.9%.

2018's high for canola occurred on May 29, 2018, when the price reached 535.2.

The total volume for canola this week was 45380. The commodity’s best performing day of the week was Jan 18, 2019, when the price reached 13266.

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