Canola Commodity Update for the Week Ending Feb 02, 2024

For the week of Jan 29, 2024, canola finished with a price of 592.1. Last week, canola finished with a price of 624.2, representing a drop of 5.1%.

The lowest point for canola during the week was on Feb 02, 2024, when the price was only 592.1.

In just a month, canola’s prices dropped by 7.9%. At this time last month, they were at 643.1 and have since dropped to 592.1.

Canola's low point for 2023 came on May 31, 2023, when the price held at 636.6.

Canola’s total volume for the week of Jan 29, 2024 was 122067. The worst day this week for canola came on Feb 01, 2024 when the price fell to 19442.