Canola Commodity Update for the Week Ending May 05, 2023

Canola closed the week of May 01, 2023 at 735.1. When compared with last week’s price of 703.4, canola’s value jumped by 4.5% in one week.

Canola’s high of the week came on May 05, 2023, when the price held at 735.1.

In just a month, canola’s prices dropped by 1.3%. At this time last month, they were at 744.9 and have since dropped to 735.1.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 1068.9. The change in prices from last year equal a decrease of 31.2%.

2022's high for canola occurred on Apr 28, 2022, when the price reached 1092.6.

The total volume for canola this week was 64440. The commodity’s best performing day of the week was May 05, 2023, when the price reached 14609.

See all canola commodity news or view current week