# ICE Canola Board Margin Index Close – Sept. 30 - MarketsFarm

> The ICE Canola Board Margin Index closed Sept. 30 with Canadian-dollar crush margins for November 2021 contracts marked N/A, while later deferred contracts showed positive crush margins. The index is calculated from soybean oil and meal futures less canola futures, weighted 40% oil and 60% meal. Margins have moved sharply higher over the past month.

- Date: 2021-10-01 · published 2021-10-01T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/44672-ice-canola-board-margin-index-close-sept-30-marketsfarm
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Positive crush margins in deferred months encourage canola processing and meal output, which can weigh on meal prices over time. Near-term margin weakness points to tighter processing economics.

## Sources

- marketsfarm.com: https://marketsfarm.com/ice-canola-board-margin-index-close-sept-30/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.