Canola Commodity Update for the Week Ending May 19, 2017

For the week of May 15, 2017, canola finished with a price of 523.2. Last week, canola finished with a price of 523.9, representing a drop of 0.1%.

The lowest point for canola during the week was on May 18, 2017, when the price was only 521.3.

The difference in canola from Apr 19, 2017 and May 17, 2017 saw the price of canola rise by 2.2%. At this time last month, prices were at 512.1 and have now jumped to 523.2.

Canola has also seen price drops since last year. Around this time in 2016, the prices were at 524.8. The change in prices from last year equal a decrease of 0.3%.

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 15, 2017 was 35944. The worst day this week for canola came on May 15, 2017 when the price fell to 4847.

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