Canola Commodity Update for the Week Ending Feb 09, 2024

For the week of Feb 05, 2024, canola finished with a price of 596.9. Last week, canola finished with a price of 598.6, representing a drop of 0.3%.

The lowest point for canola during the week was on Feb 09, 2024, when the price was only 596.9.

In just a month, canola’s prices dropped by 5.7%. At this time last month, they were at 632.9 and have since dropped to 596.9.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 804.2. The change in prices from last year equal a decrease of 25.8%.

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 Feb 05, 2024 was 136386. The worst day this week for canola came on Feb 05, 2024 when the price fell to 18178.

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