Canola Commodity Update for the Week Ending Sep 15, 2023

For the week of Sep 11, 2023, canola finished with a price of 763.9. Last week, canola finished with a price of 780.1, representing a drop of 2.1%.

The lowest point for canola during the week was on Sep 12, 2023, when the price was only 752.3.

In just a month, canola’s prices dropped by 1.7%. At this time last month, they were at 777.4 and have since dropped to 763.9.

Canola has also seen price drops since last year. Around this time in 2022, the prices were at 784.4. The change in prices from last year equal a decrease of 2.6%.

Canola's low point for 2022 came on Jan 03, 2022, when the price held at 740.2.

Canola’s total volume for the week of Sep 11, 2023 was 117698. The worst day this week for canola came on Sep 15, 2023 when the price fell to 19632.

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