Canola Commodity Update for the Week Ending Nov 01, 2024

For the week of Oct 28, 2024, canola finished with a price of 645.9. Last week, canola finished with a price of 654.9, representing a drop of 1.4%.

The lowest point for canola during the week was on Oct 28, 2024, when the price was only 639.7.

The difference in canola from Oct 01, 2024 and Oct 31, 2024 saw the price of canola rise by 3.5%. At this time last month, prices were at 624 and have now jumped to 645.9.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 691.2. The change in prices from last year equal a decrease of 6.6%.

Canola's low point for 2023 came on Jun 01, 2023, when the price held at 613.1.

Canola’s total volume for the week of Oct 28, 2024 was 165983. The worst day this week for canola came on Nov 01, 2024 when the price fell to 29646.

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