Canola Commodity Update for the Week Ending Oct 11, 2024

For the week of Oct 07, 2024, canola finished with a price of 626.8. Last week, canola finished with a price of 637, representing a drop of 1.6%.

The lowest point for canola during the week was on Oct 10, 2024, when the price was only 625.

The difference in canola from Sep 11, 2024 and Oct 07, 2024 saw the price of canola rise by 7.6%. At this time last month, prices were at 582.5 and have now jumped to 626.8.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 700. The change in prices from last year equal a decrease of 10.5%.

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 Oct 07, 2024 was 140048. The worst day this week for canola came on Oct 07, 2024 when the price fell to 16298.

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