Canola Commodity Update for the Week Ending Dec 16, 2022

For the week of Dec 12, 2022, canola finished with a price of 857. Last week, canola finished with a price of 860.9, representing a drop of 0.5%.

The lowest point for canola during the week was on Dec 12, 2022, when the price was only 854.3.

In just a month, canola’s prices dropped by 1.7%. At this time last month, they were at 871.9 and have since dropped to 857.

Canola has also seen an improvement from last year. At this time in 2021, the price was at 750.5. The change in prices from a year ago represents an increase of 14.2%.

Canola's low point for 2021 came on Feb 08, 2021, when the price held at 495.6.

Canola’s total volume for the week of Dec 12, 2022 was 73677. The worst day this week for canola came on Dec 16, 2022 when the price fell to 10912.

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