Canola Commodity Update for the Week Ending Jun 23, 2023

For the week of Jun 19, 2023, canola finished with a price of 705.1. Last week, canola finished with a price of 710.4, representing a drop of 0.7%.

The lowest point for canola during the week was on Jun 23, 2023, when the price was only 705.1.

The difference in canola from May 23, 2023 and Jun 21, 2023 saw the price of canola rise by 6%. At this time last month, prices were at 665 and have now jumped to 705.1.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 769.4. The change in prices from last year equal a decrease of 8.4%.

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 Jun 19, 2023 was 116177. The worst day this week for canola came on Jun 19, 2023 when the price fell to 13534.

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