Canola Commodity Update for the Week Ending Oct 18, 2024

For the week of Oct 14, 2024, canola finished with a price of 624.5. Last week, canola finished with a price of 626.8, representing a drop of 0.4%.

The lowest point for canola during the week was on Oct 15, 2024, when the price was only 609.8.

The difference in canola from Sep 18, 2024 and Oct 14, 2024 saw the price of canola rise by 4.8%. At this time last month, prices were at 595.7 and have now jumped to 624.5.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 724.8. The change in prices from last year equal a decrease of 13.8%.

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 14, 2024 was 145140. The worst day this week for canola came on Oct 14, 2024 when the price fell to 0.

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