Canola Commodity Update for the Week Ending Dec 13, 2024

Canola closed the week of Dec 09, 2024 at 624. When compared with last week’s price of 617.6, canola’s value jumped by 1% in one week.

Canola’s high of the week came on Dec 11, 2024, when the price held at 630.7.

In just a month, canola’s prices dropped by 5.7%. At this time last month, they were at 661.5 and have since dropped to 624.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 681.2. The change in prices from last year equal a decrease of 8.4%.

2023's high for canola occurred on Jan 16, 2023, when the price reached 782.9.

The total volume for canola this week was 173099. The commodity’s best performing day of the week was Dec 12, 2024, when the price reached 43294.

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