Canola Commodity Update for the Week Ending Nov 22, 2024

For the week of Nov 18, 2024, canola finished with a price of 592.2. Last week, canola finished with a price of 646.7, representing a drop of 8.4%.

The lowest point for canola during the week was on Nov 22, 2024, when the price was only 592.2.

In just a month, canola’s prices dropped by 8.1%. At this time last month, they were at 644.5 and have since dropped to 592.2.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 709.9. The change in prices from last year equal a decrease of 16.6%.

Canola's low point for 2023 came on Jun 01, 2023, when the price held at 613.1.

Canola’s total volume for the week of Nov 18, 2024 was 132559. The worst day this week for canola came on Nov 18, 2024 when the price fell to 19425.

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