A grain cart includes an auger having a first lower section fixedly mounted to an inner portion of the cart and a second upper section pivotally mounted to an upper end of the first auger section and movable between a retracted, non-use position and an extended, use position. The auger's second section is folded inwardly and maintained in position within an upper portion of the grain cart by gravity when positioned in the retracted position. The second section of the auger is pivotally displaced outwardly to assume the extended, use position wherein the two auger sections are aligned and mechanically coupled for removal of grain from the cart, with the second auger section also maintained in this extended position by gravity. The first and second auger sections are coupled to a mounting plate so as to form an integral structure which is easily removed from and installed in the cart as a unit by means of a plurality of bolts coupling the mounting plate to a lateral wall of the cart. A partition attached to the lower end portion of the auger's second section in combination with slots positioned adjacent to where the first and second auger sections abut eliminates grain loss as the auger is extended to the use position for removal of grain from the cart.