Canola Commodity Update for the Week Ending Jul 28, 2023

For the week of Jul 24, 2023, canola finished with a price of 809.1. Last week, canola finished with a price of 825.8, representing a drop of 2%.

The lowest point for canola during the week was on Jul 28, 2023, when the price was only 809.1.

The difference in canola from Jun 28, 2023 and Jul 26, 2023 saw the price of canola rise by 15.5%. At this time last month, prices were at 700.5 and have now jumped to 809.1.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 847.3. The change in prices from last year equal a decrease of 4.5%.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 740.2.

Canola’s total volume for the week of Jul 24, 2023 was 92208. The worst day this week for canola came on Jul 28, 2023 when the price fell to 16080.

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