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ICE Close: Canola Ends Higher after Choppy Start

Canola futures found traction and closed higher on Friday after bouncing back and forth to either side of unchanged earlier in the day. 

Support came from good gains in Chicago soyoil, but further gains were tempered by losses in soybeans, soymeal and European rapeseed. Small upticks in global crude oil prices lent some spillover support to vegetable oils. The Malaysian palm oil market was closed for a holiday.  

Harvest progress across the Prairies continued to have a bearish effect on canola. However, rain over parts of Alberta and Manitoba on Friday did delay fieldwork in some cases.   

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This Grain Bin Was SUPPOSED to Pay for Itself… Did It?

Video: This Grain Bin Was SUPPOSED to Pay for Itself… Did It?

Did this grain bin actually make money… or did it just feel like it did?

I break down the real cost, payback, and financial performance of a grain bin using actual 2025 corn prices, real payments, and real math. We walk through when the bin paid, when it didn’t, and why timing matters when storing grain.

This isn’t theory — this is a full-year look at cost of ownership, cost of carry, harvest pricing, and test weight, all laid out on the whiteboard so you can run the numbers for your own farm.