Canola Commodity Update for the Week Ending Jul 05, 2024

Canola closed the week of Jul 01, 2024 at 658.2. When compared with last week’s price of 627.1, canola’s value jumped by 5% in one week.

Canola’s high of the week came on Jul 05, 2024, when the price held at 658.2.

The difference in canola from Jun 05, 2024 and Jul 05, 2024 saw the price of canola rise by 2.5%. At this time last month, prices were at 642 and have now jumped to 658.2.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 715.8. The change in prices from last year equal a decrease of 8%.

2023's high for canola occurred on Jan 06, 2023, when the price reached 789.6.

The total volume for canola this week was 153752. The commodity’s best performing day of the week was Jul 02, 2024, when the price reached 56071.

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