Canola increased 324 CAD/MT or 51.47% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Canola reached an all time high of 1045.30 in May of 2021. Canola - data, forecasts, historical chart - was last updated on October of 2021.

Canola is expected to trade at 913.63 CAD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 994.22 in 12 months time.

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Canola


Price Day Month Year
Soybeans 1,248.25 2.7500 0.22% -2.69% 16.44%
Wheat 750.75 1.5000 0.20% 6.38% 20.55%
Lumber 676.30 -30.70 -4.34% 12.34% 29.56%
Cheese 1.78 -0.0030 -0.17% 7.94% -22.51%
Palm Oil 5,071.00 127.00 2.57% 20.97% 75.59%
Milk 17.96 0.05 0.28% 8.19% -16.39%
Cocoa 2,505.00 -54.00 -2.11% -3.84% 3.21%
Cotton 110.31 -0.42 -0.38% 20.12% 53.34%
Rubber 217.00 -1.00 -0.46% 16.04% -12.64%
Orange Juice 121.70 -1.30 -1.06% -14.24% 9.00%
Coffee 205.55 1.30 0.64% 12.11% 97.36%
Oat 665.00 -2.0000 -0.30% 19.23% 119.11%
Wool 1,369.00 -4.00 -0.29% 0% 12.31%
Rice 13.55 -0.0600 -0.44% -2.41% 10.88%
Canola 953.50 4.20 0.44% 9.93% 74.76%
Sugar 18.97 0.10 0.53% 0% 30.83%
Tea 2.96 0 0% 8.42% 10.45%
Corn 539.75 0.5000 0.09% 2.71% 29.67%


Canola
Canola refers to edible oil which recently is also used to produce biodiesel. The biggest producers of canola seeds are: European Union, Canada, China, India and Australia. Canola futures are mostly traded on ICE Futures Canada.