Canola Commodity Update for the Week Ending Mar 03, 2017

Canola closed the week of Feb 27, 2017 at 532.6. When compared with last week’s price of 516.7, canola’s value jumped by 3.1% in one week.

Canola’s high of the week came on Mar 01, 2017, when the price held at 532.9.

The difference in canola from Feb 03, 2017 and Mar 01, 2017 saw the price of canola rise by 2.3%. At this time last month, prices were at 520.8 and have now jumped to 532.6.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 470.1. The change in prices from a year ago represents an increase of 13.3%.

2016's high for canola occurred on Dec 02, 2016, when the price reached 540.9.

The total volume for canola this week was 73930. The commodity’s best performing day of the week was Feb 28, 2017, when the price reached 25388.

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