Canola Commodity Update for the Week Ending Nov 17, 2017

Canola closed the week of Nov 13, 2017 at 519.4. When compared with last week’s price of 515.1, canola’s value jumped by 0.8% in one week.

Canola’s high of the week came on Nov 17, 2017, when the price held at 519.4.

The difference in canola from Oct 17, 2017 and Nov 17, 2017 saw the price of canola rise by 2.6%. At this time last month, prices were at 506.1 and have now jumped to 519.4.

Canola has also seen an improvement from last year. At this time in 2016, the price was at 508.9. The change in prices from a year ago represents an increase of 2.1%.

2016's high for canola occurred on Jun 09, 2016, when the price reached 517.4.

The total volume for canola this week was 43582. The commodity’s best performing day of the week was Nov 15, 2017, when the price reached 12765.

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