Canola Commodity Update for the Week Ending Dec 08, 2023

For the week of Dec 04, 2023, canola finished with a price of 667. Last week, canola finished with a price of 688.2, representing a drop of 3.1%.

The lowest point for canola during the week was on Dec 06, 2023, when the price was only 659.3.

In just a month, canola’s prices dropped by 5.7%. At this time last month, they were at 707 and have since dropped to 667.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 831.4. The change in prices from last year equal a decrease of 19.8%.

Canola's low point for 2022 came on Mar 21, 2022, when the price held at 749.2.

Canola’s total volume for the week of Dec 04, 2023 was 108443. The worst day this week for canola came on Dec 04, 2023 when the price fell to 17402.

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