Can U.S. origin grain be priced against Canadian futures contracts?

Yes, Canadian companies can use ICE futures contracts as well as U.S. future contracts to hedge purchases of wheat, durum and barley within the constraints of their risk management policies.  Sellers of U.S. grain wishing to deliver to a Canadian buyer are advised to discuss pricing options and policies with their buyer prior to entering into a contract.  Grain of U.S. origin is not deliverable against ICE futures contracts.