Canola Commodity Update for the Week Ending Aug 30, 2024

Canola closed the week of Aug 26, 2024 at 614.7. When compared with last week’s price of 584.8, canola’s value jumped by 5.1% in one week.

Canola’s high of the week came on Aug 29, 2024, when the price held at 619.5.

In just a month, canola’s prices dropped by 0.5%. At this time last month, they were at 617.7 and have since dropped to 614.7.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 762.7. The change in prices from last year equal a decrease of 19.4%.

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

The total volume for canola this week was 130349. The commodity’s best performing day of the week was Aug 29, 2024, when the price reached 33359.

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