Canola Commodity Update for the Week Ending Jul 07, 2017

Canola closed the week of Jul 03, 2017 at 517.3. When compared with last week’s price of 498, canola’s value jumped by 3.9% in one week.

Canola’s high of the week came on Jul 06, 2017, when the price held at 518.4.

The difference in canola from Jun 07, 2017 and Jul 06, 2017 saw the price of canola rise by 5.7%. At this time last month, prices were at 489.6 and have now jumped to 517.3.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 486.8. The change in prices from a year ago represents an increase of 6.3%.

2016's high for canola occurred on Jun 09, 2016, when the price reached 517.4.

The total volume for canola this week was 78625. The commodity’s best performing day of the week was Jul 05, 2017, when the price reached 24844.

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