Canola Commodity Update for the Week Ending Jun 02, 2017

For the week of May 29, 2017, canola finished with a price of 499.9. Last week, canola finished with a price of 516.8, representing a drop of 3.3%.

The lowest point for canola during the week was on Jun 01, 2017, when the price was only 494.6.

In just a month, canola’s prices dropped by 4%. At this time last month, they were at 520.8 and have since dropped to 499.9.

Canola has also seen price drops since last year. Around this time in 2016, the prices were at 533.4. The change in prices from last year equal a decrease of 6.3%.

Canola's low point for 2016 came on Mar 01, 2016, when the price held at 462.9.

Canola’s total volume for the week of May 29, 2017 was 60935. The worst day this week for canola came on May 29, 2017 when the price fell to 2777.

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