Canola Commodity Update for the Week Ending Nov 08, 2024

Canola closed the week of Nov 04, 2024 at 665.1. When compared with last week’s price of 645.9, canola’s value jumped by 3% in one week.

Canola’s high of the week came on Nov 08, 2024, when the price held at 665.1.

The difference in canola from Oct 08, 2024 and Nov 08, 2024 saw the price of canola rise by 5.9%. At this time last month, prices were at 627.8 and have now jumped to 665.1.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 707.2. The change in prices from last year equal a decrease of 6%.

2023's high for canola occurred on Jan 06, 2023, when the price reached 799.1.

The total volume for canola this week was 144282. The commodity’s best performing day of the week was Nov 07, 2024, when the price reached 33445.

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