Canola Commodity Update for the Week Ending May 25, 2018

Canola closed the week of May 21, 2018 at 538.1. When compared with last week’s price of 532.4, canola’s value jumped by 1.1% in one week.

Canola’s high of the week came on May 24, 2018, when the price held at 539.

The difference in canola from Apr 25, 2018 and May 24, 2018 saw the price of canola rise by 0.6%. At this time last month, prices were at 535 and have now jumped to 538.1.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 507.6. The change in prices from a year ago represents an increase of 6%.

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

The total volume for canola this week was 32368. The commodity’s best performing day of the week was May 24, 2018, when the price reached 11688.

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