Corn Futures Is 2% Up In The Last 5 Sessions

(VIANEWS) – Corn (ZC) has been up by 2.45% for the last 5 sessions. At 11:52 EST on Tuesday, 19 March, Corn (ZC) is $439.50.

Volume

Today’s last reported volume for Corn is 57715, 56.22% below its average volume of 131834.91.

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 forecast: continues to find buyers – 19 March 2024. According to DailyForex on Tuesday, 19 March, "The West Texas Intermediate Crude Oil market broke above the $81 level early during trading on Monday, as we continue to see a lot of upward pressure. "
  • According to FXStreet on Tuesday, 19 March, "West Texas Intermediate (WTI) US Crude Oil prices edge lower during the Asian session on Tuesday and revers a part of the previous day’s strong gains to the $82.45 area, or the highest level since early November. ", "Furthermore, growing concerns about a global economic slowdown, which could dent fuel demand, turn out to be another factor weighing on Crude Oil prices. "
  • Crude oil extends rally, WTI crosses above $82.00. According to FXStreet on Monday, 18 March, "US Crude Oil tested its highest barrel prices since November, hitting a 16-week high of $82.46 to kick off the new trading week.", "Despite record oil pumping amounts from countries outside of the Organization of the Petroleum Exporting Countries (OPEC), specifically the US, Crude Oil markets are broadly expected to see a medium-term to long-term supply constraint, bumping barrel costs higher."

More news about Corn (ZC).

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