Canola Commodity Update for the Week Ending Dec 02, 2022

Canola closed the week of Nov 28, 2022 at 841.7. When compared with last week’s price of 805.6, canola’s value jumped by 4.5% in one week.

Canola’s high of the week came on Nov 30, 2022, when the price held at 843.8.

In just a month, canola’s prices dropped by 6.2%. At this time last month, they were at 897.1 and have since dropped to 841.7.

Canola has also seen an improvement from last year. At this time in 2021, the price was at 759.4. The change in prices from a year ago represents an increase of 10.8%.

2021's high for canola occurred on Nov 17, 2021, when the price reached 834.7.

The total volume for canola this week was 81431. The commodity’s best performing day of the week was Nov 28, 2022, when the price reached 18823.

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