Canola Commodity Update for the Week Ending Jun 30, 2023

Canola closed the week of Jun 26, 2023 at 736.4. When compared with last week’s price of 705.1, canola’s value jumped by 4.4% in one week.

Canola’s high of the week came on Jun 30, 2023, when the price held at 736.4.

The difference in canola from May 30, 2023 and Jun 30, 2023 saw the price of canola rise by 17.2%. At this time last month, prices were at 628.1 and have now jumped to 736.4.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 857. The change in prices from last year equal a decrease of 14.1%.

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

The total volume for canola this week was 104795. The commodity’s best performing day of the week was Jun 30, 2023, when the price reached 30390.

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