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Corn Futures Slides By 12% In The Last 21 Sessions

Corn Futures Slides By 12% In The Last 21 Sessions
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(VIANEWS) - Corn (ZC) has been up by 12.48% for the last 21 sessions. At 02:52 EST on Thursday, 11 July, Corn (ZC) is $408.50.

Volume

Today's last reported volume for Corn is 44951, 66.7% below its average volume of 135015.76.

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 eases on Tuesday despite extended decline in API barrel counts. According to FXStreet on Tuesday, 9 July, "West Texas Intermediate (WTI) US Crude Oil extended a near term decline on Tuesday, falling to $81.00 per barrel as American Crude Oil markets continue to struggle to find consistent bullish momentum.", "Tropical Storm Beryl, which was downgraded from a category 1 hurricane, also failed to disrupt US Crude Oil markets as much as barrel traders had initially feared, kicking the legs out from underneath a near-term bullish push and keeping WTI bids pinned on the low side."
  • According to FXStreet on Thursday, 11 July, "This is seen underpinning Crude Oil prices amid a modest US Dollar (USD) weakness.", "The outlook keeps the USD bulls on the defensive and seems to benefit the USD-denominated commodities, including Crude Oil prices."

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.