Canola Commodity Update for the Week Ending Aug 11, 2017

Canola closed the week of Aug 07, 2017 at 506.9. When compared with last week’s price of 500.3, canola’s value jumped by 1.3% in one week.

Canola’s high of the week came on Aug 09, 2017, when the price held at 511.2.

In just a month, canola’s prices dropped by 3.9%. At this time last month, they were at 527.2 and have since dropped to 506.9.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 485.1. The change in prices from a year ago represents an increase of 4.5%.

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

The total volume for canola this week was 41849. The commodity’s best performing day of the week was Aug 10, 2017, when the price reached 20592.

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