Canola Commodity Update for the Week Ending Aug 02, 2024

For the week of Jul 29, 2024, canola finished with a price of 610.9. Last week, canola finished with a price of 646.5, representing a drop of 5.5%.

The lowest point for canola during the week was on Aug 01, 2024, when the price was only 608.8.

In just a month, canola’s prices dropped by 6.2%. At this time last month, they were at 651.1 and have since dropped to 610.9.

Canola's low point for 2023 came on May 31, 2023, when the price held at 613.6.

Canola’s total volume for the week of Jul 29, 2024 was 188643. The worst day this week for canola came on Aug 02, 2024 when the price fell to 29804.