Canola Commodity Update for the Week Ending May 10, 2019

Canola closed the week of May 06, 2019 at 435.8. When compared with last week’s price of 432.6, canola’s value jumped by 0.7% in one week.

Canola’s high of the week came on May 07, 2019, when the price held at 438.3.

In just a month, canola’s prices dropped by 6%. At this time last month, they were at 463.7 and have since dropped to 435.8.

Canola has also seen price drops since last year. Around this time in 2018, the prices were at 528.3. The change in prices from last year equal a decrease of 17.5%.

2018's high for canola occurred on May 30, 2018, when the price reached 536.

The total volume for canola this week was 50249. The commodity’s best performing day of the week was May 06, 2019, when the price reached 13170.

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