Canola Commodity Update for the Week Ending Aug 25, 2023

Canola closed the week of Aug 21, 2023 at 811.3. When compared with last week’s price of 800.5, canola’s value jumped by 1.3% in one week.

Canola’s high of the week came on Aug 25, 2023, when the price held at 811.3.

In just a month, canola’s prices dropped by 1.5%. At this time last month, they were at 824 and have since dropped to 811.3.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 818.8. The change in prices from last year equal a decrease of 0.9%.

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

The total volume for canola this week was 97647. The commodity’s best performing day of the week was Aug 22, 2023, when the price reached 28174.

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