Canola Commodity Update for the Week Ending Mar 16, 2018

Canola closed the week of Mar 12, 2018 at 523.1. When compared with last week’s price of 514.9, canola’s value jumped by 1.6% in one week.

Canola’s high of the week came on Mar 16, 2018, when the price held at 523.1.

The difference in canola from Feb 16, 2018 and Mar 16, 2018 saw the price of canola rise by 2.9%. At this time last month, prices were at 508.2 and have now jumped to 523.1.

Canola has also seen an improvement from last year. At this time in 2017, the price was at 503.6. The change in prices from a year ago represents an increase of 3.9%.

2017's high for canola occurred on Jul 10, 2017, when the price reached 537.1.

The total volume for canola this week was 43155. The commodity’s best performing day of the week was Mar 13, 2018, when the price reached 13012.

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