Canola Commodity Update for the Week Ending Mar 29, 2024

For the week of Mar 25, 2024, canola finished with a price of 626.4. Last week, canola finished with a price of 634.5, representing a drop of 1.3%.

The lowest point for canola during the week was on Mar 28, 2024, when the price was only 626.4.

The difference in canola from Feb 29, 2024 and Mar 25, 2024 saw the price of canola rise by 5.5%. At this time last month, prices were at 593.7 and have now jumped to 626.4.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 729.8. The change in prices from last year equal a decrease of 14.2%.

Canola's low point for 2023 came on May 31, 2023, when the price held at 641.9.

Canola’s total volume for the week of Mar 25, 2024 was 83599. The worst day this week for canola came on Mar 26, 2024 when the price fell to 16553.

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