Canola Commodity Update for the Week Ending Oct 27, 2017

Canola closed the week of Oct 23, 2017 at 519.2. When compared with last week’s price of 510.5, canola’s value jumped by 1.7% in one week.

Canola’s high of the week came on Oct 27, 2017, when the price held at 519.2.

The difference in canola from Sep 27, 2017 and Oct 27, 2017 saw the price of canola rise by 4%. At this time last month, prices were at 499.2 and have now jumped to 519.2.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 507.1. The change in prices from a year ago represents an increase of 2.4%.

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

The total volume for canola this week was 87576. The commodity’s best performing day of the week was Oct 26, 2017, when the price reached 19486.

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