Canola Commodity Update for the Week Ending Jan 06, 2017

For the week of Jan 02, 2017, canola finished with a price of 498.3. Last week, canola finished with a price of 504, representing a drop of 1.1%.

The lowest point for canola during the week was on Jan 06, 2017, when the price was only 498.3.

In just a month, canola’s prices dropped by 6.8%. At this time last month, they were at 534.7 and have since dropped to 498.3.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 496.2. The change in prices from a year ago represents an increase of 0.4%.

Canola's low point for 2016 came on Jul 25, 2016, when the price held at 458.2.

Canola’s total volume for the week of Jan 02, 2017 was 48495. The worst day this week for canola came on Jan 05, 2017 when the price fell to 8995.

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