Canola Commodity Update for the Week Ending Dec 23, 2022

Canola closed the week of Dec 19, 2022 at 864.7. When compared with last week’s price of 857, canola’s value jumped by 0.9% in one week.

Canola’s high of the week came on Dec 23, 2022, when the price held at 864.7.

The difference in canola from Nov 23, 2022 and Dec 23, 2022 saw the price of canola rise by 5.1%. At this time last month, prices were at 823.1 and have now jumped to 864.7.

Canola has also seen an improvement from last year. At this time in 2021, the price was at 757. The change in prices from a year ago represents an increase of 14.2%.

2021's high for canola occurred on Nov 17, 2021, when the price reached 834.7.

The total volume for canola this week was 57058. The commodity’s best performing day of the week was Dec 19, 2022, when the price reached 13959.

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