Canola climbs after sharp drop, wheat follows similar market swings

Canola and wheat futures prices have been riding a wave over the last few weeks, says a Commodities & Investment Advisor and Portfolio Manager with Ventum Financial in Winnipeg.David Derwin says the November canola contract hit a high of $840 a tonne in late July, then dropped to around $750 a tonne before climbing up to around $780 in recent trading.November canola closed Tuesday at $781, down $13.90, according to BarChart.com.Derwin says a few factors were in play with canola.The price of