Canola Commodity Update for the Week Ending Sep 29, 2023

For the week of Sep 25, 2023, canola finished with a price of 707. Last week, canola finished with a price of 722, representing a drop of 2.1%.

The lowest point for canola during the week was on Sep 29, 2023, when the price was only 707.

In just a month, canola’s prices dropped by 12.9%. At this time last month, they were at 811.8 and have since dropped to 707.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 836.1. The change in prices from last year equal a decrease of 15.4%.

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 25, 2023 was 104282. The worst day this week for canola came on Sep 28, 2023 when the price fell to 16968.

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