Canola Commodity Update for the Week Ending Mar 02, 2018

Canola closed the week of Feb 26, 2018 at 527.1. When compared with last week’s price of 516.3, canola’s value jumped by 2.1% in one week.

Canola’s high of the week came on Mar 02, 2018, when the price held at 527.1.

The difference in canola from Feb 02, 2018 and Mar 02, 2018 saw the price of canola rise by 5.6%. At this time last month, prices were at 499.2 and have now jumped to 527.1.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 518.1. The change in prices from a year ago represents an increase of 1.7%.

2017's high for canola occurred on Jul 10, 2017, when the price reached 537.1.

The total volume for canola this week was 74061. The commodity’s best performing day of the week was Feb 26, 2018, when the price reached 20896.

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