Reviewed September 2026 against USGS Mineral Commodity Summaries, ICE Futures Canada, and USDA NASS.

Try it: Run your own numbers →

Copper trades on COMEX in US dollars per pound (and is often quoted per tonne), while canola futures trade on ICE Futures Canada in Canadian dollars per tonne โ€” on September 21, 2026, the ICE canola contract settled at CAD 808.70/tonne. Neither figure sits still, so this page is built to give you the live-price link first and the underlying supply-and-demand data second, because that data is what tells you whether a price move is noise or a trend. If you searched “agriculture today,” “canola futures price today,” or “how much is copper worth,” you’ll find the direct answer plus the sourcing to verify it yourself below.

Table of Contents

Live Prices: Copper Today, Canola Futures Today

Neither copper nor canola futures are static numbers you can print once and trust โ€” both move every session the exchange is open, so the most useful thing this page can give you is the correct place to look, not a snapshot that goes stale.

  • Copper futures (COMEX): Real-time quotes run continuously from Sunday 5pm to Friday 4pm Central Time at CME Group’s metals markets page, which also publishes daily settlement data after each close.
  • Canola futures (ICE Futures Canada): Daily closing prices and full chart history are on ICE’s Canola Futures contract page. Prices settle after the Toronto session (8:00amโ€“12:30pm CT) and the active contract rolls monthly, so always confirm which delivery month you’re reading before comparing it to a prior quote.
  • US agricultural input and commodity prices: USDA’s National Agricultural Statistics Service (NASS) tracks roughly 450 key agricultural inputs and commodities through its Agricultural Prices Program. Monthly releases land by the 10th of the following month, with annual summaries out by January.
Reference point:
ICE Futures Canada’s canola contract settled at CAD 808.70 per tonne on September 21, 2026. That’s a single trading-day figure for the front-month contract โ€” treat it as a dated reference, not a forecast, and pull the current print from the ICE link above before acting on it.
ICE Canola Futures Settlement Price 0 500 1000 808.70 CAD/tonne Sept 21, 2026 CAD/tonne ICE Futures Canada, Sept 2026

How Much Is Copper Worth โ€” And What Sets the Price

Copper’s value is set on two linked but distinct markets: the physical market, where miners, smelters, and fabricators trade actual metal, and the futures market (COMEX in the US, LME globally), where contracts for future delivery are bought and sold and where the price you see quoted on financial sites actually comes from. For a US or Canadian buyer, “how much is copper worth” really has three answers depending on what you need: the COMEX spot/futures price (check CME Group, linked above, for the live figure), the value of a specific quantity you’re buying or selling (multiply that price by your tonnage or poundage), and the value of domestic production at a national scale.

On that last measure, the US Geological Survey’s Mineral Commodity Summaries 2025 put US copper mine production at 1.1 million tonnes in 2024, valued at $10 billion โ€” that’s the total value of domestically mined copper before refining and fabrication add further value downstream. Arizona alone accounted for 70% of that domestic output in 2024, making it the single most important state to watch for US supply-side news.

These are 2024 figures from USGS’s most recent annual summary as of this review; USGS publishes an updated Mineral Commodity Summaries each January covering the prior year, so check USGS Mineral Commodity Summaries 2025 directly for the copper chapter, and look for the following year’s edition once it publishes for updated tonnage and value figures.

Why Copper Prices Matter Beyond Trading Desks

  • Farm equipment and irrigation: Copper is a core input in precision agriculture devices, irrigation pump motors, electrical panels, and transformers โ€” when copper input costs rise, replacement and upgrade cycles for this equipment lengthen as operators defer non-critical purchases.
  • Grid and infrastructure buildout: Transmission lines, smart-grid components, and cold-storage electrical systems all consume refined copper, tying rural infrastructure investment timing to metal availability.
  • Mining project economics: Higher copper prices extend mine life and justify new development, while also raising the operating costs of extraction, processing, and logistics at existing sites.

Copper Price Chart: Reading Five Years of Data

If you searched “copper price chart last 5 years,” the chart itself lives on the exchange, not on a static article โ€” COMEX and LME both publish downloadable historical settlement series, and CME Group’s metals page (linked above) lets you select custom date ranges going back multiple years for the active copper contract. What a five-year chart typically shows is not a straight line but a series of regime shifts driven by supply disruptions (labor actions, permitting delays, ore-grade decline at aging mines) layered on top of demand cycles tied to construction, grid modernization, and EV manufacturing.

Rather than reproduce a chart here that would be stale within weeks, the more durable approach is a checklist for reading one correctly whenever you pull it:

  1. Check the unit. COMEX quotes in US dollars per pound; many international sources quote US dollars per tonne (1 tonne โ‰ˆ 2,204.6 lb) โ€” a five-year chart mixing units will look far more volatile than it actually is.
  2. Separate nominal from real terms. A chart in nominal dollars will trend upward partly from inflation alone; if you’re comparing 2021 prices to today’s, ask whether the source has adjusted for it.
  3. Cross-reference production data. When you see a sharp move on the chart, check USGS’s annual Mineral Commodity Summaries (linked above) or that year’s edition for whether US or global mine output changed โ€” the 2024 US figure of 1.1 million tonnes and $10 billion in value is your anchor point for one year; each new edition lets you extend the comparison.
  4. Note the contract month. Futures charts default to the “continuous” or front-month contract, which can show artificial jumps at monthly rollovers โ€” this is the same caution that applies to reading the canola contract below.

Canola Futures Price Today: What Moves the Contract

Canola futures trade on ICE Futures Canada, and the contract is the benchmark price discovery mechanism for canola across North America โ€” Canadian growers, US crushers buying Canadian-grown canola, and processors on both sides of the border all reference it. The September 21, 2026 settlement of CAD 808.70/tonne reflects the front-month contract at that point in time; ICE’s own Canola Futures contract page carries delivery specifications, contract months, and the full historical price series so you can see where that figure sits relative to the preceding weeks and months.

Reading the Canola Contract Correctly

  • Currency: The contract is priced in Canadian dollars per tonne โ€” a US buyer comparing it to a US-dollar crop price needs to convert at the current exchange rate, not assume parity.
  • Settlement timing: Daily closes come after the Toronto session ends at 12:30pm CT; a quote checked mid-morning US Central time may reflect the prior day’s close.
  • Contract rollover: The active (front-month) contract rolls monthly. A month-over-month “price change” that’s actually a rollover to a different delivery month is a common misread โ€” check which contract month a historical chart is displaying before drawing a trend line through it.

Agriculture Today: The US and Canadian Snapshot

“Agriculture today” as a search usually means one of two things: a general-interest snapshot of where farm economics stand right now, or a specific commodity price check. For US row-crop economics, USDA NASS is the authoritative source. Its most recent projection put US corn at $4.80 per bushel, part of a declining trend from prior-year levels according to USDA NASS pricing data. That figure and the trend behind it are part of NASS’s ongoing Agricultural Prices Program, which tracks roughly 450 agricultural inputs and commodities โ€” everything from corn and soybeans to fertilizer and fuel โ€” with monthly updates.

Because “today” is the least stable word in that search, the durable version of this section is the method for getting a current figure rather than a frozen one:

  • For US crop and input prices: USDA NASS Quick Stats (quickstats.nass.usda.gov) publishes monthly figures by state and commodity, released by the 10th of the following month.
  • For Canadian agricultural production and pricing data: Statistics Canada maintains the equivalent national dataset; check its agriculture division directly for current crop pricing, as this page’s research pass did not pull specific Statistics Canada figures and won’t guess at them.
  • For canola specifically: the ICE futures link above gives you the tradable benchmark price on any given day.
Why this matters for equipment budgets:
Corn and canola price trends set farm revenue expectations, while copper price trends set the cost side of irrigation, electrical, and precision-ag equipment. Reading them together โ€” not in isolation โ€” is what turns a price check into a procurement decision.
US Corn Price Trend $0 $3 $6 $4.80/bu NASS Tracks 450 Inputs (Projection Basis) Time Progression Price ($/bu) USDA NASS, Guide to NASS Surveys/Prices

Commodity Trading Basics for Farm and Mining Buyers

Commodity trading, in the sense relevant to this page, is the buying and selling of standardized futures contracts โ€” copper, canola, corn, and dozens of other raw materials โ€” on regulated exchanges like COMEX (part of CME Group) and ICE Futures Canada. You don’t need to be a trader to use these markets: farm operators, cooperatives, and mining procurement teams use the same price data to time purchases, lock in input costs, and hedge against volatility, even when they never take delivery of an actual futures contract.

Three Ways Non-Traders Use These Markets

  1. Price discovery: Checking the COMEX copper price or ICE canola price before negotiating a supplier contract or a grain sale, so you’re not pricing off stale information.
  2. Hedging: Locking in a forward price for a future purchase (copper wiring, irrigation components) or sale (canola crop) to remove exposure to a price swing between now and the transaction date.
  3. Budget planning: Using historical volatility (visible on the CME and ICE chart tools linked above) to build multiple-scenario budgets rather than a single-point forecast.

The exchanges themselves โ€” CME Group and ICE Futures Canada โ€” are the primary source for contract specifications, margin requirements, and historical data; both links above go directly to the relevant product pages rather than a general homepage, so you land on usable data immediately.

Copper Exposure Calculator

Use your own equipment budget and expected copper price move to estimate the dollar impact on a planned purchase โ€” enter a baseline copper price, your budgeted equipment spend, the copper content share of that equipment, and an expected price change to see the cost swing.

Interactive

Run your own numbers

Assumes the copper-content share of equipment cost stays fixed as price moves and ignores labor, freight, and non-copper material costs โ€” use it for a rough directional estimate, not a supplier quote. Check the live COMEX price via the CME Group link above before applying it to a real purchase decision.

US Copper Mining: Production, Value, and Where It Comes From

US domestic copper supply is concentrated: Arizona produced 70% of US mine output in 2024, with the remainder spread across states including New Mexico, Utah, Nevada, and Montana, per USGS. Total 2024 US mine production came to 1.1 million tonnes, valued at $10 billion. That concentration means Arizona-specific news โ€” permitting decisions, labor actions, water-rights disputes, new mine ramp-ups โ€” has an outsized effect on domestic supply relative to its single-state footprint.

US Copper Production by Geography 2024 0% 25% 50% 75% 100% Arizona 70% Other 30% Total Output: 1.1 million tonnes | Value: $10 billion (2024) USGS Mineral Commodity Summaries 2025
Metric Figure Period Source
US copper mine production 1.1 million tonnes 2024 USGS Mineral Commodity Summaries 2025
Total value, US copper mine production $10 billion 2024 USGS Mineral Commodity Summaries 2025
Arizona share of US copper output 70% 2024 USGS Mineral Commodity Summaries 2025
ICE canola futures settlement CAD 808.70/tonne Sept 21, 2026 ICE Futures Canada
US corn price (NASS projection) $4.80/bu, declining trend 2024 USDA NASS

For current-year production and value figures, USGS releases a new Mineral Commodity Summaries edition each January covering the prior year โ€” check the copper chapter directly at the link above once the newer edition publishes.

Arizona Copper Boom 2025 ๐Ÿš€ AI Drones, Hyperspectral & ESG Tech Triple Porphyry Finds

Satellite Mineral Intelligence for Copper Exploration

With US copper mine production concentrated in a handful of states and Arizona alone accounting for 70% of 2024 output, finding and validating new deposits faster is a direct lever on future domestic supply. Farmonaut applies satellite data analytics, AI-driven remote sensing, and geospatial modeling to copper and critical-mineral exploration, shifting early-stage work away from slow, ground-intensive surveys.

  • Faster screening: Space-based analysis replaces or narrows the scope of ground surveys during early-stage exploration, compressing timelines that otherwise run months to years.
  • Lower early-stage cost: Farmonaut's platform has been used to cut early exploration costs by 80โ€“85% relative to conventional ground-survey-first approaches.
  • Targeted validation: Mineral intelligence reports help operators prioritize which zones justify drilling investment before committing capital.

Learn more about the underlying technology on the satellite-based mineral detection page, or review the 3D mineral prospectivity mapping brochure for how this fits into mine development and investment scheduling.

Map your mining site:
Start exploration screening at mining.farmonaut.com.

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DRC

Video Insights: Copper, Mining Tech, and Satellite Exploration

These cover satellite-based exploration approaches referenced above, applied across different regions and commodities.

Satellite Mineral Exploration 2025 | AI Soil Geochemistry Uncover Copper & Gold in British Columbia!
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FAQ

Q: How much is copper worth right now?
Copper trades continuously on COMEX from Sunday 5pm to Friday 4pm CT. Check CME Group's metals page for the current price per pound. As a reference point, USGS valued total US mine production at $10 billion for 1.1 million tonnes in 2024 โ€” that works out to roughly $9,090 per tonne at the national-average value, though the traded futures price moves independently of that annual production-value figure.
Q: What is the canola futures price today?
ICE Futures Canada's canola contract settled at CAD 808.70/tonne on September 21, 2026. For the current price, visit the ICE Canola Futures page directly, which updates daily after the Toronto session close.
Q: Where can I find a copper price chart covering the last five years?
CME Group's metals markets page offers historical settlement data with custom date ranges for COMEX copper. When comparing years, confirm whether the chart uses nominal or inflation-adjusted dollars and whether it's quoting per pound or per tonne.
Q: What is commodity trading, in plain terms?
It's the exchange of standardized futures contracts for raw materials like copper, canola, and corn on regulated markets (COMEX/CME Group, ICE Futures Canada). Farm and mining buyers use the resulting price data for procurement timing and hedging even without trading contracts directly.
Q: How does copper pricing affect US and Canadian farm equipment costs?
Copper is a core material in irrigation pump motors, electrical panels, transformers, and devices like those covered in precision agriculture equipment. A specific dollar-per-unit cost impact for farm machinery isn't published as a standalone USGS or USDA figure; use the calculator above with your own equipment budget and copper-content share to estimate it for your situation.
Q: Can satellite data help find new copper deposits?
Yes โ€” Farmonaut's satellite-based mineral detection narrows exploration targets before ground surveys or drilling. Learn more here, or start mapping a site at mining.farmonaut.com.

Conclusion

The durable answer to every query this page targets is the same: go to the primary source for the live number (CME Group for copper, ICE Futures Canada for canola, USDA NASS for US agricultural prices), and use the underlying supply data โ€” USGS's 1.1 million tonnes and $10 billion in 2024 US copper mine production, Arizona's 70% share of that output, and NASS's tracking of roughly 450 agricultural inputs โ€” to judge whether today's price is a blip or part of a longer trend. That combination of a live-price link plus verified production context is what a generic AI summary can't hand you directly, because it requires checking the actual exchange and agency pages rather than restating a number that's already out of date.

For copper-specific procurement or exploration decisions, pair the price data above with satellite-based mineral intelligence to reduce the cost and timeline of validating new supply.


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