Canola Commodity Update for the Week Ending Nov 17, 2023

For the week of Nov 13, 2023, canola finished with a price of 697.2. Last week, canola finished with a price of 701.1, representing a drop of 0.6%.

The lowest point for canola during the week was on Nov 17, 2023, when the price was only 697.2.

In just a month, canola’s prices dropped by 3.7%. At this time last month, they were at 724.3 and have since dropped to 697.2.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 831.2. The change in prices from last year equal a decrease of 16.1%.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 739.5.

Canola’s total volume for the week of Nov 13, 2023 was 88799. The worst day this week for canola came on Nov 13, 2023 when the price fell to 0.

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