(VIANEWS) – Corn (ZC) has been up by 4.59% for the last 10 sessions. At 20:52 EST on Wednesday, 16 October, Corn (ZC) is $405.25.
Volume
Today’s last reported volume for Corn is 7667, 94.57% below its average volume of 141423.31.
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, 15 October, "On Monday, Crude Oil prices dropped nearly 5% following the release of the OPEC Monthly Market Report, which revised its global Oil demand growth outlook for 2024 and 2025. "
- According to FXStreet on Wednesday, 16 October, "Furthermore, a bearish sentiment around Crude Oil prices, led by easing fears of supply disruptions from the Middle East, could undermine the commodity-linked Loonie. ", "Apart from this, the USD and Crude Oil price dynamics should provide some impetus to the currency pair."
- According to FXStreet on Wednesday, 16 October, "West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the overnight modest bounce from the $69.25 area, or a two-week low and attract some sellers during the Asian session on Wednesday. ", "Adding to this, OPEC lowered its forecast for global oil demand growth in 2024 and 2025 and in turn, validates the negative outlook for Crude Oil prices."
More news about Corn (ZC).
