Canola Commodity Update for the Week Ending May 24, 2019

Canola closed the week of May 20, 2019 at 444.4. When compared with last week’s price of 443.2, canola’s value jumped by 0.3% in one week.

Canola’s high of the week came on May 22, 2019, when the price held at 445.8.

In just a month, canola’s prices dropped by 0.8%. At this time last month, they were at 447.9 and have since dropped to 444.4.

Canola has also seen price drops since last year. Around this time in 2018, the prices were at 532.5. The change in prices from last year equal a decrease of 16.5%.

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

The total volume for canola this week was 40365. The commodity’s best performing day of the week was May 21, 2019, when the price reached 14580.

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