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Corn Futures Over 4% Down In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 4.92% for the last 10 sessions. At 01:57 EST on Friday, 23 February, Corn (ZC) is $420.50.

Volume

Today’s last reported volume for Corn is 6633, 94.88% below its average volume of 129688.2.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.79%, a negative 0.33%, and a positive 2.49%, respectively.

Corn’s highest amplitude of average volatility was 0.79% (last week), 0.69% (last month), and 2.49% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Corn’s commodity is considered to be overbought (>=80).

News about

  • Crude oil rises on Wednesday as energies shrug off another inventories surge. According to FXStreet on Wednesday, 21 February, "West Texas Intermediate (WTI) US Crude Oil rebounded on Wednesday as barrel traders continue to price in possible supply lane constraints amidst geopolitical turmoil in the Middle East. ", "According to the American Petroleum Insitute (API), US Crude Oil supply stocks unexpectedly rose once again for the week ended February 16, with an additional 7.168 million barrels added to US supply. "
  • According to FXStreet on Thursday, 22 February, " Oil traders will focus on the US S&P Global Services Purchasing Managers Index (PMI) for February and the Energy Information Administration (EIA) Crude Oil stockpiles report is due on Thursday. "
  • According to FXStreet on Thursday, 22 February, "Crude oil prices face pressure as the American Petroleum Institute (API) reported a higher-than-expected Crude Oil Stock figure of 7.168 million barrels for the week ending February 16, compared to the expected 4.298 million barrels. ", "Investors await the release of the US Energy Information Administration’s (EIA) Crude Oil Stocks Change later in the North American session for further insights into inventory levels."
  • According to FXStreet on Wednesday, 21 February, "US Energy Information Administration’s (EIA) Crude Oil Stocks Change and American Petroleum Institute’s (API) Weekly Crude Oil Stock for the week ending on February 16 will be released later in the North American session."

More news about Corn (ZC).

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