Canola Commodity Update for the Week Ending Jul 07, 2023

Canola closed the week of Jul 03, 2023 at 758.7. When compared with last week’s price of 736.4, canola’s value jumped by 3% in one week.

Canola’s high of the week came on Jul 05, 2023, when the price held at 763.1.

The difference in canola from Jun 07, 2023 and Jul 05, 2023 saw the price of canola rise by 17.2%. At this time last month, prices were at 647.4 and have now jumped to 758.7.

2022's high for canola occurred on May 17, 2022, when the price reached 963.8.

The total volume for canola this week was 77500. The commodity’s best performing day of the week was Jul 05, 2023, when the price reached 23560.