Canola Commodity Update for the Week Ending Feb 17, 2017

For the week of Feb 13, 2017, canola finished with a price of 525. Last week, canola finished with a price of 536, representing a drop of 2.1%.

The lowest point for canola during the week was on Feb 17, 2017, when the price was only 525.

The difference in canola from Jan 17, 2017 and Feb 13, 2017 saw the price of canola rise by 1.7%. At this time last month, prices were at 516 and have now jumped to 525.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 484.1. The change in prices from a year ago represents an increase of 8.4%.

Canola's low point for 2016 came on Jul 25, 2016, when the price held at 462.3.

Canola’s total volume for the week of Feb 13, 2017 was 51991. The worst day this week for canola came on Feb 13, 2017 when the price fell to 6743.

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