(VIANEWS) – Corn (ZC) has been up by 2.44% for the last 5 sessions. At 11:52 EST on Thursday, 20 June, Corn (ZC) is $461.00.
Volume
Today’s last reported volume for Corn is 106529, 20.55% below its average volume of 134089.15.
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 tests higher ground on quiet Wednesday, WTI touches $81.00. According to FXStreet on Wednesday, 19 June, "WTI found a new seven-week high and is on pace to extend into a second straight week of gain as Crude Oil recovers from a recent swing low, but bolstered energy market hopes of a summertime upswing in energy demand could slump again if US Crude Oil production continues to outpace draws.", "The Organization of the Petroleum Exporting Countries (OPEC) and its extended network of non-ally countries, OPEC+ is on pace to end voluntary production cuts later in the year that were meant to bolster global Crude Oil prices by crimping production. "
- According to FXStreet on Wednesday, 19 June, "Going forward, the next trigger for the Oil price will be Energy Information Administration (EIA) Crude Oil Stocks Change data for the week ending June 14, which will be published on Thursday due to a holiday in US markets on account of Juneteenth."
- Crude oil shrugs off API stocks buildup, etches in another gain on Tuesday. According to FXStreet on Tuesday, 18 June, "Investors with a calculator nearby will note that this week’s 2.264 million barrel addition to API weekly counts brings the supply overhang of US Crude Oil to over 17 million barrels since the first week of January 2024.", "According to the API, US Weekly Crude Oil Stocks rose 2.264 million barrels for the week ended June 14, clamping down on the previous week’s -2.428 million barrel drawdown. "
More news about Corn (ZC).
