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Corn Futures Over 6% Down In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 6.91% for the last 10 sessions. At 02:53 EST on Thursday, 27 June, Corn (ZC) is $434.50.

Volume

Today’s last reported volume for Corn is 14954, 88.85% below its average volume of 134187.45.

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 Tuesday, 25 June, "At the time of writing, Crude Oil (WTI) trades at $80.89 and Brent Crude at $84.65."
  • According to FXStreet on Thursday, 27 June, "This, in turn, is seen capping the upside for the USD/CAD pair, though a downtick in Crude Oil prices undermines the commodity-linked Loonie and acts as a tailwind.", "That said, worries about potential supply disruptions in Russia and the Middle East should help limit deeper losses for Crude Oil prices. "
  • Crude oil slips back on Tuesday, WTI falls to $80.50 after API reports another surprise buildup. According to FXStreet on Tuesday, 25 June, "Broad-market hopes for a firm drag on Crude Oil stocks are dwindling as inventory counts climb. ", "Near-term price action has halted a bullish advance, keeping WTI US Crude Oil prices pinned on the low side of a supply zone above $81.50. "
  • According to FXStreet on Wednesday, 26 June, "This, along with an uptick in Crude Oil prices, underpins the commodity-linked Loonie and might further contribute to capping the USD/CAD pair. "

More news about Corn (ZC).

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