(VIANEWS) – Corn (ZC) has been up by 5.12% for the last 5 sessions. At 02:50 EST on Thursday, 19 September, Corn (ZC) is $410.75.
Volume
Today’s last reported volume for Corn is 12046, 91.32% below its average volume of 138872.2.
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 slides below $70 ahead of vital fed meeting. According to FXStreet on Wednesday, 18 September, "A bigger 50 bps cut in borrowing costs and further rate cut projections in the Fed’s Summary of Economic Projections (SEP) will be perceived as oxygen for the much-battered Crude Oil price. ", "Expect to see Crude Oil rally under the assumption that demand and growth will pick up again if the Fed delivers that ultra-dovish message without spooking the markets."
- According to FXStreet on Thursday, 19 September, "Additionally, WTI Oil prices may have found support after the US Energy Information Administration (EIA) reported a larger-than-expected decline in Crude Oil Stocks Change, which dropped by 1.63 million barrels to 417.5 million, far exceeding the forecasted 0.1 million-barrel draw for the week ending September 13. "
- According to FXStreet on Tuesday, 17 September, "The fund pursues its investment objective by investing in a portfolio of exchange-traded futures on Light Sweet Crude Oil (WTI), Heating Oil, RBOB Gasoline, Natural Gas, Brent Crude, Gold, Silver, Aluminum, Zinc, Copper Grade A, Corn, Wheat, Soybeans, and Sugar. "
More news about Corn (ZC).
