(VIANEWS) – Corn (ZC) has been up by 2.38% for the last 5 sessions. At 02:50 EST on Wednesday, 5 June, Corn (ZC) is $462.00.
Volume
Today’s last reported volume for Corn is 4770, 96.46% below its average volume of 135079.11.
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 Monday, 3 June, "At the time of writing, Crude Oil (WTI) trades at $76.95 and Brent Crude at $81.20."
- Crude oil extends declines after opec+ disappoints barrel traders, WTI tests $74. According to FXStreet on Monday, 3 June, "US Crude Oil is poised for its single worst day in 2024, in the red nearly 4% from the day’s opening bids near $77.00 and testing into lows last set during the first week of February. ", "OPEC+ has been participating in voluntary Crude Oil production cuts that have kept 2.2 million barrels per day off the markets in an attempt to bolster global barrel prices in the face of global Crude Oil output that has grown to outpace demand. "
- Crude oil extends declines as markets balk at opec+ plans to end production cuts. According to FXStreet on Tuesday, 4 June, "With global growth in Crude Oil demand failing to materialize as many investors had anticipated, barrel bids are declining as few traders see a reason to buy up long-dated Crude Oil as global supply is set to grow an overhang on demand figures.", "WTI has slid nearly 16% from 2024’s peak bids above $87.00 per barrel, and US Crude Oil bids are up a scant 2.5% from the year’s opening prices near $71.40."
More news about Corn (ZC).
