Canola Commodity Update for the Week Ending Jun 16, 2023

Canola closed the week of Jun 12, 2023 at 710.4. When compared with last week’s price of 664.9, canola’s value jumped by 6.8% in one week.

Canola’s high of the week came on Jun 16, 2023, when the price held at 710.4.

The difference in canola from May 16, 2023 and Jun 16, 2023 saw the price of canola rise by 1.6%. At this time last month, prices were at 699.2 and have now jumped to 710.4.

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

The total volume for canola this week was 140152. The commodity’s best performing day of the week was Jun 16, 2023, when the price reached 53476.