Canola Commodity Update for the Week Ending Jan 20, 2017

Canola closed the week of Jan 16, 2017 at 519.6. When compared with last week’s price of 500.1, canola’s value jumped by 3.9% in one week.

Canola’s high of the week came on Jan 20, 2017, when the price held at 519.6.

In just a month, canola’s prices dropped by 0.3%. At this time last month, they were at 521.1 and have since dropped to 519.6.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 498.9. The change in prices from a year ago represents an increase of 4.1%.

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

The total volume for canola this week was 60543. The commodity’s best performing day of the week was Jan 17, 2017, when the price reached 15564.

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