Canola Commodity Update for the Week Ending Dec 30, 2022

Canola closed the week of Dec 26, 2022 at 865.8. When compared with last week’s price of 864.7, canola’s value jumped by 0.1% in one week.

Canola’s high of the week came on Dec 29, 2022, when the price held at 875.1.

The difference in canola from Nov 30, 2022 and Dec 29, 2022 saw the price of canola rise by 2.6%. At this time last month, prices were at 843.8 and have now jumped to 865.8.

Canola has also seen an improvement from last year. At this time in 2021, the price was at 764.6. The change in prices from a year ago represents an increase of 13.2%.

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

The total volume for canola this week was 39964. The commodity’s best performing day of the week was Dec 28, 2022, when the price reached 17202.

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