Canola Commodity Update for the Week Ending Dec 22, 2023

For the week of Dec 18, 2023, canola finished with a price of 655.3. Last week, canola finished with a price of 658.9, representing a drop of 0.5%.

The lowest point for canola during the week was on Dec 22, 2023, when the price was only 655.3.

In just a month, canola’s prices dropped by 8.3%. At this time last month, they were at 714.3 and have since dropped to 655.3.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 819. The change in prices from last year equal a decrease of 20%.

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 18, 2023 was 96376. The worst day this week for canola came on Dec 22, 2023 when the price fell to 11625.

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