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Corn Futures Rises By 2% In The Last 5 Sessions

Corn Futures Rises By 2% In The Last 5 Sessions

(VIANEWS) - Corn (ZC) has been up by 2.71% for the last 5 sessions. At 20:56 EST on Thursday, 23 May, Corn (ZC) is $464.75.

Volume

Today's last reported volume for Corn is 2361, 98.21% below its average volume of 132335.83.

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 Thursday, 23 May, "West Texas Intermediate (WTI) US Crude Oil is trading up over a percent at $78.01 on Thursday."
  • According to FXStreet on Thursday, 23 May, "USD/CAD had been trading significantly down for the day prior to the data on the back of a mixture of higher Crude Oil prices (CAD positive), positive risk appetite (CAD positive), better-than-expected Canadian Housing data and technical chart resistance. "
  • Crude oil recedes further, WTI falls below $78 on rising supplies and cautious FOMC. According to FXStreet on Wednesday, 22 May, "West Texas Intermediate (WTI) US Crude Oil declined for a third straight day on Wednesday, falling below $78.00 per barrel once again after US Crude Oil barrel counts rose week-on-week after a previous decline. ", "WTI US Crude Oil is testing down into $77.00 per barrel, extending a near-term decline from a recent peak just above $80.00 per barrel. "
  • Crude oil backslides into the red on Thursday, WTI falls below $77 as diminishing rate cut hopes weigh. According to FXStreet on Thursday, 23 May, "Thursday's bearish reversal sends WTI into the red for a fourth consecutive trading day, and US Crude Oil is extending a bearish rejection from the 200-day Exponential Moving Average (EMA) at $79.22.", "According to the American Petroleum Institute (API) and the Energy Information Administration (EIA), US Crude Oil barrel counts have risen once again week-on-week, eating away at the previous week's declines. "

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.