Canola Commodity Update for the Week Ending Sep 27, 2024

Canola closed the week of Sep 23, 2024 at 603.8. When compared with last week’s price of 588.9, canola’s value jumped by 2.5% in one week.

Canola’s high of the week came on Sep 25, 2024, when the price held at 611.3.

The difference in canola from Aug 27, 2024 and Sep 25, 2024 saw the price of canola rise by 0.8%. At this time last month, prices were at 599 and have now jumped to 603.8.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 721.3. The change in prices from last year equal a decrease of 16.3%.

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

The total volume for canola this week was 149177. The commodity’s best performing day of the week was Sep 25, 2024, when the price reached 34595.

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