Canola Commodity Update for the Week Ending Feb 24, 2023

For the week of Feb 20, 2023, canola finished with a price of 819.7. Last week, canola finished with a price of 820.3, representing a drop of 0.1%.

The lowest point for canola during the week was on Feb 24, 2023, when the price was only 819.7.

The difference in canola from Jan 24, 2023 and Feb 21, 2023 saw the price of canola rise by 3%. At this time last month, prices were at 796.2 and have now jumped to 819.7.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 858.9. The change in prices from last year equal a decrease of 4.6%.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 753.5.

Canola’s total volume for the week of Feb 20, 2023 was 71241. The worst day this week for canola came on Feb 20, 2023 when the price fell to 0.

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