Canola Commodity Update for the Week Ending Sep 01, 2023

Canola closed the week of Aug 28, 2023 at 811.4. When compared with last week’s price of 811.3, canola’s value jumped by 0% in one week.

Canola’s high of the week came on Aug 29, 2023, when the price held at 811.8.

The difference in canola from Aug 01, 2023 and Aug 29, 2023 saw the price of canola rise by 4.1%. At this time last month, prices were at 779.1 and have now jumped to 811.4.

Canola has also seen an improvement from last year. At this time in 2022, the price was at 800.4. The change in prices from a year ago represents an increase of 1.4%.

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

The total volume for canola this week was 84493. The commodity’s best performing day of the week was Aug 29, 2023, when the price reached 20518.

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