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Corn Futures Slides By 5% In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 5.09% for the last 10 sessions. At 11:57 EST on Monday, 14 October, Corn (ZC) is $410.50.

Volume

Today’s last reported volume for Corn is 131761, 7.52% below its average volume of 142489.15.

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

  • Usd/cad eyes 1.3800 mark amid bullish usd, weaker crude oil prices. According to FXStreet on Monday, 14 October, "The momentum is sponsored by a bullish US Dollar (USD) and declining Crude Oil prices, which tend to undermine the commodity-linked Loonie.", "Meanwhile, Crude Oil prices open with a bearish weekly gap in reaction to softer Chinese inflation data released over the weekend, which pointed to a sustained deflationary trend and bods poorly with fuel demand. "
  • Crude oil slides away from $75.00 after OPEC reports gets bearish. According to FXStreet on Monday, 14 October, "At the time of writing, Crude Oil (WTI) trades at $73.43and Brent Crude at $77.24"

More news about Corn (ZC).

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