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Data Analysis

Canadian Rapeseed Price Gets Much More Volatile in 2021

Canola Seed & Rapeseed
Seeds / Oil Seeds
Canola Seed & Rapeseed
Canada
Price Trend

Summary

Canola (Rapeseed) has a high volatility level of 36.5% in the 2020/2021 which is higher than previous two periods because the prices are more volatile and there is a large gap in the price change. This increased in line with the rise of Canola prices which reached 0.77 USD/KG at the end of July 2021. High demand and low production volumes that may be caused by a rainfall deficit have made Canola (Rapeseed) prices reach their highest prices.
Aug 10, 2021
By Fardhani Pradipta
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