Canola Commodity Update for the Week Ending Jan 27, 2023

For the week of Jan 23, 2023, canola finished with a price of 807.5. Last week, canola finished with a price of 812.6, representing a drop of 0.6%.

The lowest point for canola during the week was on Jan 24, 2023, when the price was only 796.2.

In just a month, canola’s prices dropped by 6.3%. At this time last month, they were at 862 and have since dropped to 807.5.

Canola has also seen an improvement from last year. At this time in 2022, the price was at 804.4. The change in prices from a year ago represents an increase of 0.4%.

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 23, 2023 was 55767. The worst day this week for canola came on Jan 23, 2023 when the price fell to 7642.

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