Tuesday, November 3, 2026

Corn Futures Bearish Momentum With A 7% Fall In The Last 21 Sessions

ViaNews Editorial Team

January 16, 2024

Corn Futures Bearish Momentum With A 7% Fall In The Last 21 Sessions

(VIANEWS) - Corn (ZC) has been up by 7.91% for the last 21 sessions. At 13:53 EST on Tuesday, 16 January, Corn (ZC) is $442.50.

Volume

Today's last reported volume for Corn is 131854, 0.61% below its average volume of 132676.31.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was a negative 0.85%, a negative 0.39%, and a positive 2.47%, respectively.

Corn's highest amplitude of average volatility was 0.85% (last week), 0.77% (last month), and 2.47% (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 struggles to pick a direction as geopolitical tensions and rebel attacks mire the outlook. According to FXStreet on Monday, 15 January, "West Texas Intermediate (WTI) US Crude Oil saw weakness in early Monday trading, falling to a near-term low of $71.40 before rebounding to $72.50 following a fresh rocket attack on a civilian cargo ship by Iran-backed Houthi rebels in Yemen. ", "Ongoing energy market concerns continue to fret about potential supply chain disruptions, and the potential for production cuts from the Organization of the Petroleum Exporting Countries to take a bite out of global energy markets' ability to meet fossil fuel demand, but record Crude Oil production from key non-OPEC countries such as the US and a massive buildup in petroleum gasoline and other Crude Oil derivatives are hampering barrel traders' efforts to drive up Crude Oil costs."

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.

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