Canola Commodity Update for the Week Ending Nov 10, 2023

Canola closed the week of Nov 06, 2023 at 701.1. When compared with last week’s price of 692.3, canola’s value jumped by 1.3% in one week.

Canola’s high of the week came on Nov 06, 2023, when the price held at 702.5.

In just a month, canola’s prices dropped by 1.3%. At this time last month, they were at 710.4 and have since dropped to 701.1.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 853.7. The change in prices from last year equal a decrease of 17.9%.

2022's high for canola occurred on May 17, 2022, when the price reached 961.2.

The total volume for canola this week was 87816. The commodity’s best performing day of the week was Nov 06, 2023, when the price reached 20184.

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