Canola Commodity Update for the Week Ending Dec 29, 2023

For the week of Dec 25, 2023, canola finished with a price of 653.4. Last week, canola finished with a price of 655.3, representing a drop of 0.3%.

The lowest point for canola during the week was on Dec 29, 2023, when the price was only 653.4.

In just a month, canola’s prices dropped by 7.5%. At this time last month, they were at 706.7 and have since dropped to 653.4.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 840.8. The change in prices from last year equal a decrease of 22.3%.

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 25, 2023 was 49603. The worst day this week for canola came on Dec 26, 2023 when the price fell to 0.

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