Canola Commodity Update for the Week Ending Feb 10, 2017

Canola closed the week of Feb 06, 2017 at 527.8. When compared with last week’s price of 513.3, canola’s value jumped by 2.8% in one week.

Canola’s high of the week came on Feb 10, 2017, when the price held at 527.8.

The difference in canola from Jan 10, 2017 and Feb 10, 2017 saw the price of canola rise by 5.6%. At this time last month, prices were at 500 and have now jumped to 527.8.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 484. The change in prices from a year ago represents an increase of 9%.

2016's high for canola occurred on Dec 02, 2016, when the price reached 535.9.

The total volume for canola this week was 74401. The commodity’s best performing day of the week was Feb 10, 2017, when the price reached 20269.

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