Canada Canola flat as soybeans rise on dry Midwest weather.

Canola futures were little changed even as soybeans surged higher. The seven days forecast for the Canadian Prairies remains dry and the cool weather should give way to warmer temperatures and the rest of the week. Soybeans rose on dry weather in the U.S. Midwest that could prevent the crop from reaching its full potential. Also, a new soybean purchase by China underlined the good pace of export demand for American beans. Soymeal closed higher, but soy oil finished lower after being higher in the morning.