Canola Commodity Update for the Week Ending Nov 18, 2022

For the week of Nov 14, 2022, canola finished with a price of 847. Last week, canola finished with a price of 878, representing a drop of 3.5%.

The lowest point for canola during the week was on Nov 18, 2022, when the price was only 847.

In just a month, canola’s prices dropped by 3%. At this time last month, they were at 873 and have since dropped to 847.

Canola has also seen an improvement from last year. At this time in 2021, the price was at 833.3. The change in prices from a year ago represents an increase of 1.6%.

Canola's low point for 2021 came on Feb 08, 2021, when the price held at 495.6.

Canola’s total volume for the week of Nov 14, 2022 was 53809. The worst day this week for canola came on Nov 14, 2022 when the price fell to 7744.

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