Canola Commodity Update for the Week Ending Sep 22, 2023

For the week of Sep 18, 2023, canola finished with a price of 722. Last week, canola finished with a price of 763.9, representing a drop of 5.5%.

The lowest point for canola during the week was on Sep 22, 2023, when the price was only 722.

In just a month, canola’s prices dropped by 9.3%. At this time last month, they were at 796 and have since dropped to 722.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 815.2. The change in prices from last year equal a decrease of 11.4%.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 740.2.

Canola’s total volume for the week of Sep 18, 2023 was 113409. The worst day this week for canola came on Sep 22, 2023 when the price fell to 17175.

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