Canola Commodity Update for the Week Ending Jan 27, 2017

For the week of Jan 23, 2017, canola finished with a price of 517.9. Last week, canola finished with a price of 519.6, representing a drop of 0.3%.

The lowest point for canola during the week was on Jan 27, 2017, when the price was only 517.9.

The difference in canola from Dec 23, 2016 and Jan 24, 2017 saw the price of canola rise by 0.9%. At this time last month, prices were at 513.4 and have now jumped to 517.9.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 496.4. The change in prices from a year ago represents an increase of 4.3%.

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 23, 2017 was 45425. The worst day this week for canola came on Jan 27, 2017 when the price fell to 5865.

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