Corn Futures Over 3% Down In The Last 5 Sessions

(VIANEWS) – Corn (ZC) has been up by 3.18% for the last 5 sessions. At 14:53 EST on Thursday, 26 October, Corn (ZC) is $479.75.

Volume

Today’s last reported volume for Corn is 174345, 37.2% above its average volume of 127072.45.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.03%, a positive 0.07%, and a positive 1.92%, respectively.

Corn’s highest amplitude of average volatility was 1.11% (last week), 1.02% (last month), and 1.92% (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 extends declines, WTI aimed for $82 per barrel. According to FXStreet on Tuesday, 24 October, "The big miss for EU PMI figures, combined with a USD-boosting US PMI beat, is increasing USD-denominated barrel costs and crumbling investor expectations for rising EU-based Crude Oil demand moving forward.", "West Texas Intermediary (WTI) Crude Oil prices are seeing extended declines on Tuesday, continuing Monday’s downside push and sending WTI barrels into a new low of $82.76, a fresh one-week low as energies markets rethink their expectations of EU-led fossils demand after a broad miss on Purchasing Manager Index (PMI) figures early Tuesday."
  • Crude oil forecast: looks bullish despite the pullback – 24 October 2023. According to DailyForex on Tuesday, 24 October, "The West Texas Intermediate (WTI) Crude Oil market experienced an initial decline on Monday, reflecting some hesitation among traders. ", "In the end, both WTI Crude Oil and Brent markets have shown resilience in the face of recent fluctuations. "

More news about Corn (ZC).

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