Canola Commodity Update for the Week Ending Oct 13, 2023

Canola closed the week of Oct 09, 2023 at 725.1. When compared with last week’s price of 717.5, canola’s value jumped by 1.1% in one week.

Canola’s high of the week came on Oct 13, 2023, when the price held at 725.1.

In just a month, canola’s prices dropped by 5.1%. At this time last month, they were at 764 and have since dropped to 725.1.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 856.1. The change in prices from last year equal a decrease of 15.3%.

2022's high for canola occurred on May 17, 2022, when the price reached 961.2.

The total volume for canola this week was 96652. The commodity’s best performing day of the week was Oct 10, 2023, when the price reached 30573.

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