Canola Commodity Update for the Week Ending Oct 26, 2018

For the week of Oct 22, 2018, canola finished with a price of 491.5. Last week, canola finished with a price of 502.5, representing a drop of 2.2%.

The lowest point for canola during the week was on Oct 24, 2018, when the price was only 491.

In just a month, canola’s prices dropped by 2%. At this time last month, they were at 501.5 and have since dropped to 491.5.

Canola has also seen price drops since last year. Around this time in 2017, the prices were at 498.7. The change in prices from last year equal a decrease of 1.4%.

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 Oct 22, 2018 was 57494. The worst day this week for canola came on Oct 22, 2018 when the price fell to 8223.

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