Canola Commodity Update for the Week Ending Dec 30, 2016

For the week of Dec 26, 2016, canola finished with a price of 504. Last week, canola finished with a price of 513.4, representing a drop of 1.8%.

The lowest point for canola during the week was on Dec 29, 2016, when the price was only 503.7.

In just a month, canola’s prices dropped by 5.4%. At this time last month, they were at 532.5 and have since dropped to 504.

Canola has also seen an improvement from last year. At this time in 2015, the price was at 494.4. The change in prices from a year ago represents an increase of 1.9%.

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 26, 2016 was 47668. The worst day this week for canola came on Dec 30, 2016 when the price fell to 10169.

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