Canola Commodity Update for the Week Ending Jan 20, 2023

For the week of Jan 16, 2023, canola finished with a price of 812.6. Last week, canola finished with a price of 839.7, representing a drop of 3.2%.

The lowest point for canola during the week was on Jan 20, 2023, when the price was only 812.6.

In just a month, canola’s prices dropped by 4.4%. At this time last month, they were at 849.9 and have since dropped to 812.6.

Canola has also seen an improvement from last year. At this time in 2022, the price was at 806. The change in prices from a year ago represents an increase of 0.8%.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 753.5.

Canola’s total volume for the week of Jan 16, 2023 was 48420. The worst day this week for canola came on Jan 16, 2023 when the price fell to 3171.

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