Canola Commodity Update for the Week Ending Nov 24, 2023

For the week of Nov 20, 2023, canola finished with a price of 695.3. Last week, canola finished with a price of 697.2, representing a drop of 0.3%.

The lowest point for canola during the week was on Nov 24, 2023, when the price was only 695.3.

The difference in canola from Oct 24, 2023 and Nov 21, 2023 saw the price of canola rise by 0.8%. At this time last month, prices were at 689.8 and have now jumped to 695.3.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 802. The change in prices from last year equal a decrease of 13.3%.

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 20, 2023 was 83786. The worst day this week for canola came on Nov 23, 2023 when the price fell to 6187.

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