Canola Commodity Update for the Week Ending Dec 23, 2016

For the week of Dec 19, 2016, canola finished with a price of 513.4. Last week, canola finished with a price of 525.8, representing a drop of 2.4%.

The lowest point for canola during the week was on Dec 23, 2016, when the price was only 513.4.

In just a month, canola’s prices dropped by 4.1%. At this time last month, they were at 535.1 and have since dropped to 513.4.

Canola has also seen an improvement from last year. At this time in 2015, the price was at 493.8. The change in prices from a year ago represents an increase of 4%.

Canola's low point for 2015 came on Apr 16, 2015, when the price held at 433.

Canola’s total volume for the week of Dec 19, 2016 was 100409. The worst day this week for canola came on Dec 23, 2016 when the price fell to 11865.

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