Canola Commodity Update for the Week Ending May 03, 2019

For the week of Apr 29, 2019, canola finished with a price of 432.6. Last week, canola finished with a price of 446.2, representing a drop of 3%.

The lowest point for canola during the week was on May 03, 2019, when the price was only 432.6.

In just a month, canola’s prices dropped by 6.6%. At this time last month, they were at 463.3 and have since dropped to 432.6.

Canola has also seen price drops since last year. Around this time in 2018, the prices were at 527.2. The change in prices from last year equal a decrease of 17.9%.

Canola's low point for 2018 came on Nov 19, 2018, when the price held at 494.1.

Canola’s total volume for the week of Apr 29, 2019 was 52123. The worst day this week for canola came on Apr 30, 2019 when the price fell to 6821.

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