Canola Commodity Update for the Week Ending Oct 06, 2023

Canola closed the week of Oct 02, 2023 at 710.6. When compared with last week’s price of 707, canola’s value jumped by 0.5% in one week.

Canola’s high of the week came on Oct 03, 2023, when the price held at 717.4.

In just a month, canola’s prices dropped by 10.6%. At this time last month, they were at 795.2 and have since dropped to 710.6.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 855.1. The change in prices from last year equal a decrease of 16.9%.

2022's high for canola occurred on May 17, 2022, when the price reached 963.8.

The total volume for canola this week was 86786. The commodity’s best performing day of the week was Oct 03, 2023, when the price reached 30629.

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