Canola Commodity Update for the Week Ending Jul 19, 2024

Canola closed the week of Jul 15, 2024 at 646.2. When compared with last week’s price of 618.7, canola’s value jumped by 4.4% in one week.

Canola’s high of the week came on Jul 18, 2024, when the price held at 649.7.

The difference in canola from Jun 19, 2024 and Jul 18, 2024 saw the price of canola rise by 2.8%. At this time last month, prices were at 628.4 and have now jumped to 646.2.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 728.8. The change in prices from last year equal a decrease of 11.3%.

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

The total volume for canola this week was 158691. The commodity’s best performing day of the week was Jul 18, 2024, when the price reached 37426.

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