Canola Commodity Update for the Week Ending Nov 16, 2018

For the week of Nov 12, 2018, canola finished with a price of 476.9. Last week, canola finished with a price of 482.4, representing a drop of 1.1%.

The lowest point for canola during the week was on Nov 16, 2018, when the price was only 476.9.

In just a month, canola’s prices dropped by 4.6%. At this time last month, they were at 499.9 and have since dropped to 476.9.

Canola has also seen price drops since last year. Around this time in 2017, the prices were at 507.1. The change in prices from last year equal a decrease of 6%.

Canola's low point for 2017 came on Aug 16, 2017, when the price held at 471.5.

Canola’s total volume for the week of Nov 12, 2018 was 38534. The worst day this week for canola came on Nov 15, 2018 when the price fell to 9245.

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