Corn Futures Slides By 12% In The Last 21 Sessions

(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.


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


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).

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