Canola Commodity Update for the Week Ending Jan 05, 2024

For the week of Jan 01, 2024, canola finished with a price of 618.9. Last week, canola finished with a price of 653.4, representing a drop of 5.3%.

The lowest point for canola during the week was on Jan 05, 2024, when the price was only 618.9.

In just a month, canola’s prices dropped by 8.1%. At this time last month, they were at 673.1 and have since dropped to 618.9.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 834.9. The change in prices from last year equal a decrease of 25.9%.

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 01, 2024 was 66441. The worst day this week for canola came on Jan 03, 2024 when the price fell to 14186.

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