Canola Commodity Update for the Week Ending May 12, 2017

For the week of May 08, 2017, canola finished with a price of 523.9. Last week, canola finished with a price of 525.8, representing a drop of 0.4%.

The lowest point for canola during the week was on May 11, 2017, when the price was only 519.3.

The difference in canola from Apr 12, 2017 and May 09, 2017 saw the price of canola rise by 6.1%. At this time last month, prices were at 494 and have now jumped to 523.9.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 510.9. The change in prices from a year ago represents an increase of 2.5%.

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 08, 2017 was 37275. The worst day this week for canola came on May 12, 2017 when the price fell to 5524.

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