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Old-Crop Canola Holds Gains as Crude Falls Back

Canola futures saw increases in the old-crop months on Wednesday, while new crop positions closed slightly lower.

Support for edible oils from strong upticks in global crude oil prices evaporated by the close of the grain markets, which weakened edible oils.

Railcar unloads at the Port of Vancouver dropped 87% during Week 16 of the marketing year, according to Quorum Corp. The report took reflected the stoppage in rail traffic due to the heavy rain and flooding in southern British Columbia that severed ground links for a number of days.

Ahead of Friday’s Statistics Canada crop production report, trade expectations for canola production are 11.5 million to 13 million tonnes. In September, the federal agency pegged production at 12.78 million tonnes.

January canola was up $7.20 at $994.30, March was $7.30 higher at $967.30 and May gained $6 to $930.20.

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Demco Dual Aguer Grain Carts — Fire Safety Systems, Right or Left-Handed Unload, and More!

Video: Demco Dual Aguer Grain Carts — Fire Safety Systems, Right or Left-Handed Unload, and More!


Demco's dual auger grain cart is designed for unloading efficiency, operator visibility, and safety in the field.

This dual-auger design features both an unload auger and a floor auger for enhanced grain cleanout and consistent flow, and the 22-inch unload auger is capable of moving up to 600 bushels per minute.

Farmers can also choose between right or left-handed unload options—right-handed unload improves visibility from the tractor cab. A new design allows both vertical and horizontal movement for precise grain placement during unloading.

Another key feature is the built-in fire safety system; a 300-gallon onboard water tank with a hose reel that provides field-ready fire suppression capability.

These dual auger grain carts are available in 1100, 1300, 1500, 1700, and 2200 bushel sizes.