# ICE weekly outlook: Canola futures linked to NAFTA - Manitoba Co-operator

> ICE Futures Canada canola contracts traded around C$520 per tonne in the week ended March 21, 2018. An RBC analyst said the market could move sharply once the future of NAFTA is clarified, with the Canadian dollar strengthening on hopes of a better auto parts arrangement.

- Date: 2018-03-21 · published 2018-03-21T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/66091-ice-weekly-outlook-canola-futures-linked-to-nafta-manitoba-co-operator
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Canola prices hinge on currency moves and trade policy, and a NAFTA resolution or change to US biodiesel blending rates could shift canola and meal values.

## Read by commodity

- SBO: neutral
- USDCAD: bearish ▼
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-05-06 | [Canola crush processing near capacity - Manitoba Co-operator](https://feedsoft.ai/events/59063-canola-crush-processing-near-capacity-manitoba-co-operator.md) | -2.1% | +1.0% |
| SBO | 2025-12-15 | [Mixed outlook for canola and pulses  - SaskAgToday.com](https://feedsoft.ai/events/21450-mixed-outlook-for-canola-and-pulses-saskagtoday-com.md) | -3.3% | -1.2% |
| SBO | 2023-03-23 | [High prices keep Canadian canola out of European Union \| The Western Producer](https://feedsoft.ai/events/36960-high-prices-keep-canadian-canola-out-of-european-union-the-western-producer.md) | -1.7% | -3.7% |
| SBO | 2022-06-15 | [China Brief 084 \| China lifts three-year ban on Canadian canola, Canada’s Indo-Pacific Strategy, CWF’s Belt and Road Monitor Canada West FoundationCanada West Foundation](https://feedsoft.ai/events/40908-china-brief-084-china-lifts-three-year-ban-on-canadian-canola-canada-s-indo.md) | -7.0% | -20.0% |
| SBO | 2025-01-21 | [Ag Days: More Canola to Europe, but Trump Tariffs Loom Large](https://feedsoft.ai/events/26600-ag-days-more-canola-to-europe-but-trump-tariffs-loom-large.md) | +0.5% | +3.0% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/ice-weekly-outlook-canola-futures-linked-to-nafta/

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