(VIANEWS) – Corn (ZC) has been up by 4.94% for the last 5 sessions. At 14:55 EST on Friday, 7 June, Corn (ZC) is $467.50.
Volume
Today’s last reported volume for Corn is 101511, 22.44% below its average volume of 130886.76.
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 attempts to shrug off supplies buildup, WTI claws back to $74. According to FXStreet on Wednesday, 5 June, "US Crude Oil stocks rose on a weekly basis once again after the American Petroleum Institute (API) reported a 4.052 million barrel buildup in Weekly Crude Oil Stocks, shrugging off a forecast -1.9 million barrel decline and chewing a significant hole in the previous week’s -6.49 million decline. ", "The Energy Information Administration (EIA) reported similar results, with EIA Crude Oil Stocks Change for the week ended May 31 rising 1.233 million when investors were forecasting a -2.3 million barrel decline. "
- According to FXStreet on Thursday, 6 June, "The upside of Oil prices could be limited as the US Energy Information Administration (EIA) Crude Oil Stocks Change showed that crude Oil inventories increased by 1.233 million barrels in the week ending May 31. "
- According to FXStreet on Thursday, 6 June, "At the time of writing, Crude Oil (WTI) trades at $74.23 and Brent Crude at $78.60"
- Crude oil extends recovery, WTI tests $75.50. According to FXStreet on Thursday, 6 June, "OPEC+ members that have shouldered the majority of the burden of limiting Crude Oil output rely heavily on selling Crude Oil in order to balance government budgets, and OPEC+ members have grown weary of sacrificing government receipts. ", "Consumer markets were broadly unable to sop up excess production at US refining facilities, and refined petroleum products have built up downstream from raw Crude Oil production."
More news about Corn (ZC).
