Canola Commodity Update for the Week Ending Oct 14, 2022

For the week of Oct 10, 2022, canola finished with a price of 869.1. Last week, canola finished with a price of 876.6, representing a drop of 0.9%.

The lowest point for canola during the week was on Oct 11, 2022, when the price was only 867.6.

The difference in canola from Sep 14, 2022 and Oct 13, 2022 saw the price of canola rise by 7.9%. At this time last month, prices were at 805.7 and have now jumped to 869.1.

Canola has also seen an improvement from last year. At this time in 2021, the price was at 702.6. The change in prices from a year ago represents an increase of 23.7%.

Canola's low point for 2021 came on Feb 08, 2021, when the price held at 494.3.

Canola’s total volume for the week of Oct 10, 2022 was 57609. The worst day this week for canola came on Oct 10, 2022 when the price fell to 0.

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