Canola Commodity Update for the Week Ending Mar 24, 2017

For the week of Mar 20, 2017, canola finished with a price of 482.5. Last week, canola finished with a price of 503.7, representing a drop of 4.2%.

The lowest point for canola during the week was on Mar 24, 2017, when the price was only 482.5.

In just a month, canola’s prices dropped by 6.6%. At this time last month, they were at 516.7 and have since dropped to 482.5.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 480.7. The change in prices from a year ago represents an increase of 0.4%.

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 20, 2017 was 68928. The worst day this week for canola came on Mar 21, 2017 when the price fell to 9000.

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