Canola Commodity Update for the Week Ending May 31, 2019

Canola closed the week of May 27, 2019 at 459.5. When compared with last week’s price of 444.4, canola’s value jumped by 3.4% in one week.

Canola’s high of the week came on May 31, 2019, when the price held at 459.5.

The difference in canola from Apr 30, 2019 and May 31, 2019 saw the price of canola rise by 4.1%. At this time last month, prices were at 441.2 and have now jumped to 459.5.

Canola has also seen price drops since last year. Around this time in 2018, the prices were at 535.9. The change in prices from last year equal a decrease of 14.3%.

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

The total volume for canola this week was 65633. The commodity’s best performing day of the week was May 29, 2019, when the price reached 21381.

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