Canola Commodity Update for the Week Ending Apr 21, 2017

Canola closed the week of Apr 17, 2017 at 520. When compared with last week’s price of 499, canola’s value jumped by 4.2% in one week.

Canola’s high of the week came on Apr 21, 2017, when the price held at 520.

The difference in canola from Mar 21, 2017 and Apr 21, 2017 saw the price of canola rise by 1.9%. At this time last month, prices were at 510.5 and have now jumped to 520.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 497.7. The change in prices from a year ago represents an increase of 4.5%.

2016's high for canola occurred on Dec 07, 2016, when the price reached 541.9.

The total volume for canola this week was 69913. The commodity’s best performing day of the week was Apr 21, 2017, when the price reached 21298.

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