Canola Commodity Update for the Week Ending Jul 12, 2024

For the week of Jul 08, 2024, canola finished with a price of 618.7. Last week, canola finished with a price of 658.2, representing a drop of 6%.

The lowest point for canola during the week was on Jul 10, 2024, when the price was only 617.9.

In just a month, canola’s prices dropped by 4.6%. At this time last month, they were at 648.4 and have since dropped to 618.7.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 719.4. The change in prices from last year equal a decrease of 14%.

Canola's low point for 2023 came on May 31, 2023, when the price held at 613.6.

Canola’s total volume for the week of Jul 08, 2024 was 142975. The worst day this week for canola came on Jul 12, 2024 when the price fell to 22189.

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