Canola futures rose about 2.5 percent and spring wheat jumped more than four percent as crop-stressing weather again moved to the forefront of traders’ attention.
September corn and soybeans rallied almost 2.7 percent. Corn and November canola were the highest in a year.
The forecast for heat in the western corn belt as the crop there pollinates supported prices.
After a hot weekend, western Canada will see more moderate temperatures and increased chances for thunderstorms tonight and Tuesday. Hot, dry weather is expected to again cover most of the Prairies by Thursday.