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Corn Futures Over 8% Down In The Last 21 Sessions

Corn Futures Over 8% Down In The Last 21 Sessions
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(VIANEWS) - Corn (ZC) has been up by 8.03% for the last 21 sessions. At 04:53 EST on Saturday, 11 March, Corn (ZC) is $626.75.

Volume

Today's last reported volume for Corn is 128906, 5.89% above its average volume of 121724.48.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was a positive 0.37%, a negative 0.37%, and a positive 0.94%, respectively.

Corn's highest amplitude of average volatility was 0.66% (last week), 0.84% (last month), and 0.94% (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 Thursday, 9 March, "This, along with an uptick in Crude Oil prices underpin the commodity-linked Loonie and acts as a headwind for the USD/CAD pair. ", "This, along with fading optimism over a strong Chinese economic recovery, which could dent fuel demand, should keep a lid on Crude Oil prices, suggesting that the path of least resistance for the USD/CAD pair is to the upside."
  • Crude oil forecast: still looks somewhat lost - 10 March 2023. According to DailyForex on Friday, 10 March, "The WTI Crude Oil market experienced a bit of a rally during Thursday's trading session but remains stuck in a range due to a lot of back-and-forth noisy behavior. ", "Until the market breaks out of its current range, traders should assume that it will continue to move back and forth between the $72.50 and $82.50 levels for the WTI Crude Oil market and the $77.50 and $89 levels for the Brent market. "
  • Crude oil forecast: continues to look as if it is stuck in a range - 09 March 2023. According to DailyForex on Thursday, 9 March, "During Wednesday's trading session, the West Texas Intermediate Crude Oil market fell slightly, reflecting the ongoing back-and-forth nature of the crude oil market. "

More news about Corn (ZC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.