Canola Commodity Update for the Week Ending Feb 24, 2017

For the week of Feb 20, 2017, canola finished with a price of 516.7. Last week, canola finished with a price of 525, representing a drop of 1.6%.

The lowest point for canola during the week was on Feb 24, 2017, when the price was only 516.7.

In just a month, canola’s prices dropped by 2.6%. At this time last month, they were at 530.4 and have since dropped to 516.7.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 481.5. The change in prices from a year ago represents an increase of 7.3%.

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 20, 2017 was 52352. The worst day this week for canola came on Feb 22, 2017 when the price fell to 11175.

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