Canola Commodity Update for the Week Ending Oct 25, 2019

Canola closed the week of Oct 21, 2019 at 463.4. When compared with last week’s price of 461.8, canola’s value jumped by 0.3% in one week.

Canola’s high of the week came on Oct 24, 2019, when the price held at 463.8.

The difference in canola from Sep 25, 2019 and Oct 24, 2019 saw the price of canola rise by 1.2%. At this time last month, prices were at 457.7 and have now jumped to 463.4.

Canola has also seen price drops since last year. Around this time in 2018, the prices were at 495.5. The change in prices from last year equal a decrease of 6.5%.

2018's high for canola occurred on Jun 21, 2018, when the price reached 518.1.

The total volume for canola this week was 93962. The commodity’s best performing day of the week was Oct 21, 2019, when the price reached 22524.

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