Canola Commodity Update for the Week Ending Dec 15, 2023

For the week of Dec 11, 2023, canola finished with a price of 658.9. Last week, canola finished with a price of 667, representing a drop of 1.2%.

The lowest point for canola during the week was on Dec 15, 2023, when the price was only 658.9.

In just a month, canola’s prices dropped by 9.1%. At this time last month, they were at 725.1 and have since dropped to 658.9.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 808.3. The change in prices from last year equal a decrease of 18.5%.

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 11, 2023 was 121539. The worst day this week for canola came on Dec 13, 2023 when the price fell to 20003.

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