Canola Commodity Update for the Week Ending Jan 19, 2018

Canola closed the week of Jan 15, 2018 at 496. When compared with last week’s price of 493, canola’s value jumped by 0.6% in one week.

Canola’s high of the week came on Jan 19, 2018, when the price held at 496.

In just a month, canola’s prices dropped by 1%. At this time last month, they were at 501.1 and have since dropped to 496.

Canola has also seen price drops since last year. Around this time in 2017, the prices were at 508.1. The change in prices from last year equal a decrease of 2.4%.

2017's high for canola occurred on Jul 10, 2017, when the price reached 536.9.

The total volume for canola this week was 35329. The commodity’s best performing day of the week was Jan 17, 2018, when the price reached 9849.

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