Canola Commodity Update for the Week Ending Jan 13, 2023

For the week of Jan 09, 2023, canola finished with a price of 840. Last week, canola finished with a price of 868.9, representing a drop of 3.3%.

The lowest point for canola during the week was on Jan 11, 2023, when the price was only 831.8.

In just a month, canola’s prices dropped by 2.2%. At this time last month, they were at 858.5 and have since dropped to 840.

Canola has also seen an improvement from last year. At this time in 2022, the price was at 788. The change in prices from a year ago represents an increase of 6.6%.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 764.3.

Canola’s total volume for the week of Jan 09, 2023 was 96062. The worst day this week for canola came on Jan 13, 2023 when the price fell to 14698.

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