Canola Commodity Update for the Week Ending Mar 08, 2024

Canola closed the week of Mar 04, 2024 at 609.6. When compared with last week’s price of 590.8, canola’s value jumped by 3.2% in one week.

Canola’s high of the week came on Mar 08, 2024, when the price held at 609.6.

The difference in canola from Feb 08, 2024 and Mar 08, 2024 saw the price of canola rise by 0.9%. At this time last month, prices were at 604.4 and have now jumped to 609.6.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 788.5. The change in prices from last year equal a decrease of 22.7%.

2023's high for canola occurred on Jan 06, 2023, when the price reached 837.3.

The total volume for canola this week was 105837. The commodity’s best performing day of the week was Mar 07, 2024, when the price reached 26135.

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