Canola Commodity Update for the Week Ending Jun 14, 2024

For the week of Jun 10, 2024, canola finished with a price of 624.4. Last week, canola finished with a price of 649.5, representing a drop of 3.9%.

The lowest point for canola during the week was on Jun 14, 2024, when the price was only 624.4.

In just a month, canola’s prices dropped by 7.3%. At this time last month, they were at 673.8 and have since dropped to 624.4.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 665.2. The change in prices from last year equal a decrease of 6.1%.

Canola's low point for 2023 came on May 31, 2023, when the price held at 613.6.

Canola’s total volume for the week of Jun 10, 2024 was 182447. The worst day this week for canola came on Jun 10, 2024 when the price fell to 30109.

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