Canola Commodity Update for the Week Ending May 26, 2023

For the week of May 22, 2023, canola finished with a price of 658.8. Last week, canola finished with a price of 669.4, representing a drop of 1.6%.

The lowest point for canola during the week was on May 25, 2023, when the price was only 655.

In just a month, canola’s prices dropped by 6.3%. At this time last month, they were at 703.3 and have since dropped to 658.8.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 740.2.

Canola’s total volume for the week of May 22, 2023 was 70558. The worst day this week for canola came on May 22, 2023 when the price fell to 0.