Canola Commodity Update for the Week Ending Sep 20, 2024

Canola closed the week of Sep 16, 2024 at 588.9. When compared with last week’s price of 541.8, canola’s value jumped by 8.7% in one week.

Canola’s high of the week came on Sep 20, 2024, when the price held at 588.9.

The difference in canola from Aug 20, 2024 and Sep 20, 2024 saw the price of canola rise by 4.2%. At this time last month, prices were at 565.1 and have now jumped to 588.9.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 732. The change in prices from last year equal a decrease of 19.5%.

2023's high for canola occurred on Jan 06, 2023, when the price reached 789.6.

The total volume for canola this week was 120930. The commodity’s best performing day of the week was Sep 16, 2024, when the price reached 31243.

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