Canola Commodity Update for the Week Ending Jan 12, 2024

Canola closed the week of Jan 08, 2024 at 627. When compared with last week’s price of 618.9, canola’s value jumped by 1.3% in one week.

Canola’s high of the week came on Jan 12, 2024, when the price held at 627.

In just a month, canola’s prices dropped by 6.5%. At this time last month, they were at 670.8 and have since dropped to 627.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 821.2. The change in prices from last year equal a decrease of 23.6%.

2023's high for canola occurred on Jan 06, 2023, when the price reached 839.

The total volume for canola this week was 99328. The commodity’s best performing day of the week was Jan 12, 2024, when the price reached 21402.

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