# ICE Canola Board Margin Index Close - MarketsFarm

> MarketsFarm posted ICE Canola Board Margin Index values for December 10, 2019, with the January 2020 contract at C$106.96 per tonne, up from C$105.56 the prior day. The index is a formula based on soybean oil and soybean meal futures minus canola futures, weighted 40% oil and 60% meal.

- Date: 2019-12-10 · published 2019-12-10T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/55675-ice-canola-board-margin-index-close-marketsfarm
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Crush margins near C$100-107 per tonne signal strong processing incentive, which supports canola seed demand and meal output. Routine index postings reflect existing conditions rather than a new driver.

## Read by commodity

- SBM: neutral
- SBO: neutral
- CANMEAL: neutral

## Sources

- marketsfarm.com: https://marketsfarm.com/ice-canola-board-margin-index-close-208/

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