Canola Commodity Update for the Week Ending Oct 04, 2024

Canola closed the week of Sep 30, 2024 at 624.9. When compared with last week’s price of 603.8, canola’s value jumped by 3.5% in one week.

Canola’s high of the week came on Oct 04, 2024, when the price held at 624.9.

The difference in canola from Sep 04, 2024 and Oct 04, 2024 saw the price of canola rise by 7.8%. At this time last month, prices were at 579.7 and have now jumped to 624.9.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 716.5. The change in prices from last year equal a decrease of 12.8%.

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

The total volume for canola this week was 131151. The commodity’s best performing day of the week was Oct 04, 2024, when the price reached 37546.

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