Canola Commodity Update for the Week Ending Aug 18, 2023

Canola closed the week of Aug 14, 2023 at 800.5. When compared with last week’s price of 761.9, canola’s value jumped by 5.1% in one week.

Canola’s high of the week came on Aug 18, 2023, when the price held at 800.5.

In just a month, canola’s prices dropped by 3.9%. At this time last month, they were at 833.4 and have since dropped to 800.5.

2022's high for canola occurred on May 17, 2022, when the price reached 963.8.

The total volume for canola this week was 86040. The commodity’s best performing day of the week was Aug 17, 2023, when the price reached 19461.