Corn Futures Over 8% Up In The Last 21 Sessions

(VIANEWS) – Corn (ZC) has been up by 8.48% for the last 21 sessions. At 05:53 EST on Wednesday, 15 May, Corn (ZC) is $470.25.

Volume

Today’s last reported volume for Corn is 10723, 92% below its average volume of 134074.62.

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

  • According to FXStreet on Monday, 13 May, "At the time of writing, Crude Oil (WTI) trades at $78.06 and Brent Crude at $82.70."
  • According to FXStreet on Wednesday, 15 May, "For the week ending May 10, the API Weekly Crude Oil Stock dropped 3.104 million barrels, significantly exceeding the forecasted 1.35 million-barrel decline. "
  • Crude oil finds late bump but still sheds weight on Tuesday as WTI grApples with $78. According to FXStreet on Tuesday, 14 May, "West Texas Intermediate (WTI) US Crude Oil fell to $77.30 on Tuesday as market sentiment regarding Federal Reserve (Fed) interest rate cut expectations begins to crumble, but a late-day Crude Oil supply update from the American Petroleum Institute (API) helped to bolster barrel bids.", "Crude Oil prices have been in a slump recently as it looks increasingly likely the ongoing Israel-Palestinian Hamas conflict is not going to spill over to neighboring countries and pose a threat to global Crude Oil production and supply. "

More news about Corn (ZC).

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