Canola Commodity Update for the Week Ending Mar 17, 2017

For the week of Mar 13, 2017, canola finished with a price of 503.7. Last week, canola finished with a price of 522.9, representing a drop of 3.7%.

The lowest point for canola during the week was on Mar 17, 2017, when the price was only 503.7.

In just a month, canola’s prices dropped by 4.1%. At this time last month, they were at 525 and have since dropped to 503.7.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 483. 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 462.3.

Canola’s total volume for the week of Mar 13, 2017 was 58020. The worst day this week for canola came on Mar 13, 2017 when the price fell to 8218.

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