Canola Commodity Update for the Week Ending Mar 15, 2024

Canola closed the week of Mar 11, 2024 at 630.6. When compared with last week’s price of 609.6, canola’s value jumped by 3.4% in one week.

Canola’s high of the week came on Mar 15, 2024, when the price held at 630.6.

The difference in canola from Feb 15, 2024 and Mar 15, 2024 saw the price of canola rise by 9.3%. At this time last month, prices were at 577 and have now jumped to 630.6.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 738.4. The change in prices from last year equal a decrease of 14.6%.

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

The total volume for canola this week was 143835. The commodity’s best performing day of the week was Mar 11, 2024, when the price reached 32451.

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