Canola Commodity Update for the Week Ending Oct 20, 2017

Canola closed the week of Oct 16, 2017 at 510.5. When compared with last week’s price of 505.9, canola’s value jumped by 0.9% in one week.

Canola’s high of the week came on Oct 20, 2017, when the price held at 510.5.

The difference in canola from Sep 20, 2017 and Oct 20, 2017 saw the price of canola rise by 2.2%. At this time last month, prices were at 499.7 and have now jumped to 510.5.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 495.8. The change in prices from a year ago represents an increase of 3%.

2016's high for canola occurred on Jun 09, 2016, when the price reached 517.4.

The total volume for canola this week was 68288. The commodity’s best performing day of the week was Oct 20, 2017, when the price reached 24207.

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