Canola Futures
Canola futures describes RS contract mechanics, not a forecast or a recommendation.
Educational only, not a recommendation to buy or sell any contract or a solicitation to open an account. Futures and options trading involves substantial risk of loss. You can lose more than your initial deposit.
Contract specifications
| Specification | RS |
|---|---|
| Exchange | ICE Futures Canada |
| Symbol | RS |
| Contract size | 20 tonnes |
| Tick size / value | CAD $0.10/tonne = CAD $2.00 |
| Trading hours | Not stated in the supplied ICE PDF. Confirm on the ICE product page / ICE hours schedule. |
| Listed months | January, March, May, July, September*, November. *September starts with the September 2027 expiry under the November 10, 2026 PDF. |
| Settlement | Physical delivery FOB Saskatchewan par region. |
Last verified November 10, 2026.
This is the supplied source-note date, not confirmation of every live field. Dated sources and fields requiring exchange confirmation are identified below.
The ICE specification PDF is stamped November 10, 2026. The quote and tick values here are Canadian dollars.
Micro, mini, and related smaller contracts
No smaller listing is verified here; check ICE.
Worked tick and 1% example
Hypothetical arithmetic illustration only — not a current price, projection, trading result, or recommendation.
One outright tick changes one RS contract by CAD $2. Four ticks change it by 4 × CAD $2 = CAD $8, in either direction, before costs.
Assume a made-up quotation of 600 CAD per tonne. A 1% price change is 6 in those quote units. Multiplying by 20 gives CAD $120 for one contract. The same move against a position produces a loss of that amount before costs.
Commissions, fees, bid-ask spreads, and slippage are excluded. Leverage can lead to losses larger than your deposit; a 1% price move is not a 1% account-equity move.
Margin and leverage
Margin is a performance bond, not the purchase price or a limit on loss. Exchange requirements and carrying-firm requirements can change; the firm may require more and may liquidate positions when requirements are not met. No margin dollar amounts are quoted here.
Official exchange product and margin information · Margin and Leverage in Futures
What moves the market
Prairie crop weather, oilseed supply, export demand, vegetable-oil demand, and currency changes can move canola.
Reading the Economic Calendar explains scheduled-release timing. Unscheduled news can also move prices; stops do not guarantee an exit price.
Rollover and expiration
Last trading day is the trading day preceding the 15th calendar day. Confirm notice dates and current ICE rules.
A roll closes one contract month and opens another; spreads, costs, and execution risk remain. Firm deadlines may be earlier than exchange deadlines. See Contract Rollover, First Notice Day, and Last Trading Day.
Frequently asked questions
What is the contract size and tick value?
RS: 20 tonnes; CAD $0.10/tonne = CAD $2.00.
Is there a smaller related contract?
No smaller listing is verified here; check ICE.
How does settlement and expiration work?
Physical delivery FOB Saskatchewan par region. Last trading day is the trading day preceding the 15th calendar day. Confirm notice dates and current ICE rules.
Does a smaller contract or a stop remove risk?
No. Futures remain leveraged; you can lose more than your initial deposit. Smaller contracts change dollar exposure, not market direction. Stops do not guarantee a fill at the stop price.
Talk it through, if that would help
Ask about contract mechanics or practicing with simulated funds. There is no obligation to open an account.
Demo accounts use simulated funds. Demo results do not reflect real trading and are not indicative of future results. Features, terms, and availability can change.
Drew Rathgeber, President
949-996-4611 · drathgeber@profuturestrader.com