Canola Commodity Update for the Week Ending Jan 13, 2017

Canola closed the week of Jan 09, 2017 at 500.1. When compared with last week’s price of 498.3, canola’s value jumped by 0.4% in one week.

Canola’s high of the week came on Jan 12, 2017, when the price held at 502.3.

In just a month, canola’s prices dropped by 4.1%. At this time last month, they were at 521.7 and have since dropped to 500.1.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 496.1. The change in prices from a year ago represents an increase of 0.8%.

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

The total volume for canola this week was 51664. The commodity’s best performing day of the week was Jan 12, 2017, when the price reached 14099.

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