Canola Commodity Update for the Week Ending Oct 19, 2018

Canola closed the week of Oct 15, 2018 at 502.5. When compared with last week’s price of 501.7, canola’s value jumped by 0.2% in one week.

Canola’s high of the week came on Oct 15, 2018, when the price held at 505.8.

The difference in canola from Sep 19, 2018 and Oct 15, 2018 saw the price of canola rise by 2%. At this time last month, prices were at 492.7 and have now jumped to 502.5.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 491.9. The change in prices from a year ago represents an increase of 2.2%.

2017's high for canola occurred on Mar 01, 2017, when the price reached 519.

The total volume for canola this week was 62312. The commodity’s best performing day of the week was Oct 17, 2018, when the price reached 14620.

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