Canola Futures & Options
Canola is Canada's canola-belt oilseed, traded on ICE in Canadian dollars — its spread against U.S. soybeans reflects both oil demand and prairie weather.
Trading the Canola Contract
Corn, soybeans, wheat, and the full oilseed complex across CBOT, Minneapolis, and Kansas City.
Producers are naturally bullish — they have to be. A staged scale-in approach uses forward contracts to protect grain and oilseed prices while preserving upside opportunity, with no margin calls and no daily settlement.
Whether you hedge commercial exposure or study the market, you do not have to figure it out alone. AgriculturalHedging.com's education library explains the contract and its risks, and its partner network connects you with qualified, registered organizations that serve canola markets.
Find a Qualified ProviderContract Specifications
| Exchange | ICECAN |
|---|---|
| Contract Size | 20 tonnes |
| Contract Months | F, H, K, N, X (January, March, May, July, November) |
| Trading Hours | 23:00-14:20 ET, 23:00 open on Sunday. |
| Minimum Fluctuation | C$.10/ton = C$2.00 |
| Daily Limit | C$30/tonne = C$600(c) |
Contract specifications change. Always confirm current specs with the exchange before trading.
Tools & Resources
More Grains & Oilseeds Markets
Canola Futures FAQ
What is the Canola futures contract?
Canola is Canada's canola-belt oilseed, traded on ICE in Canadian dollars — its spread against U.S. soybeans reflects both oil demand and prairie weather. The contract trades on ICECAN with a contract size of 20 tonnes.
How can I hedge Canola price risk?
Producers are naturally bullish — they have to be. A staged scale-in approach uses forward contracts to protect grain and oilseed prices while preserving upside opportunity, with no margin calls and no daily settlement. Qualified hedging providers can be found through the AgriculturalHedging.com partner network.
How do I start trading Canola futures?
Futures accounts are opened with registered firms — futures commission merchants and introducing brokers. AgriculturalHedging.com explains the contract, the margin, and the risks so you can evaluate providers and get started prepared.
Learn or Hedge Canola with Qualified Help
AgriculturalHedging.com turns commodity complexity into plain language — and connects you with registered organizations that serve canola markets.