Canola Commodity Update for the Week Ending Apr 19, 2024

For the week of Apr 15, 2024, canola finished with a price of 622.8. Last week, canola finished with a price of 646.3, representing a drop of 3.6%.

The lowest point for canola during the week was on Apr 18, 2024, when the price was only 622.3.

In just a month, canola’s prices dropped by 3.3%. At this time last month, they were at 644 and have since dropped to 622.8.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 713.7. The change in prices from last year equal a decrease of 12.7%.

Canola's low point for 2023 came on May 31, 2023, when the price held at 646.

Canola’s total volume for the week of Apr 15, 2024 was 184765. The worst day this week for canola came on Apr 19, 2024 when the price fell to 25554.

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