Canola Commodity Update for the Week Ending Dec 01, 2023

For the week of Nov 27, 2023, canola finished with a price of 680.5. Last week, canola finished with a price of 695.3, representing a drop of 2.1%.

The lowest point for canola during the week was on Dec 01, 2023, when the price was only 680.5.

The difference in canola from Nov 01, 2023 and Nov 28, 2023 saw the price of canola rise by 1.1%. At this time last month, prices were at 673.3 and have now jumped to 680.5.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 803.7. The change in prices from last year equal a decrease of 15.3%.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 739.5.

Canola’s total volume for the week of Nov 27, 2023 was 112289. The worst day this week for canola came on Nov 30, 2023 when the price fell to 14876.

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