Canola Commodity Update for the Week Ending May 11, 2018

Canola closed the week of May 07, 2018 at 532.3. When compared with last week’s price of 527.1, canola’s value jumped by 1% in one week.

Canola’s high of the week came on May 10, 2018, when the price held at 533.2.

The difference in canola from Apr 11, 2018 and May 10, 2018 saw the price of canola rise by 0.8%. At this time last month, prices were at 528 and have now jumped to 532.3.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 514.7. The change in prices from a year ago represents an increase of 3.4%.

2017's high for canola occurred on Jul 10, 2017, when the price reached 537.8.

The total volume for canola this week was 34452. The commodity’s best performing day of the week was May 09, 2018, when the price reached 9628.

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