Canola Commodity Update for the Week Ending Dec 27, 2024

Canola closed the week of Dec 23, 2024 at 617.2. When compared with last week’s price of 613.8, canola’s value jumped by 0.6% in one week.

Canola’s high of the week came on Dec 24, 2024, when the price held at 619.8.

The difference in canola from Nov 27, 2024 and Dec 24, 2024 saw the price of canola rise by 6.6%. At this time last month, prices were at 579.1 and have now jumped to 617.2.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 679.4. The change in prices from last year equal a decrease of 9.2%.

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

The total volume for canola this week was 66749. The commodity’s best performing day of the week was Dec 23, 2024, when the price reached 25922.

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