Canola Commodity Update for the Week Ending May 19, 2023

For the week of May 15, 2023, canola finished with a price of 697.4. Last week, canola finished with a price of 712.9, representing a drop of 2.2%.

The lowest point for canola during the week was on May 19, 2023, when the price was only 697.4.

In just a month, canola’s prices dropped by 6.3%. At this time last month, they were at 743.9 and have since dropped to 697.4.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 743.5.

Canola’s total volume for the week of May 15, 2023 was 77123. The worst day this week for canola came on May 19, 2023 when the price fell to 12896.