Canola Commodity Update for the Week Ending Oct 25, 2024

Canola closed the week of Oct 21, 2024 at 654.9. When compared with last week’s price of 624.5, canola’s value jumped by 4.9% in one week.

Canola’s high of the week came on Oct 25, 2024, when the price held at 654.9.

The difference in canola from Sep 25, 2024 and Oct 25, 2024 saw the price of canola rise by 4.9%. At this time last month, prices were at 624.2 and have now jumped to 654.9.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 704.3. The change in prices from last year equal a decrease of 7%.

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

The total volume for canola this week was 173175. The commodity’s best performing day of the week was Oct 22, 2024, when the price reached 40892.

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