Corn Futures Slides By 8% In The Last 21 Sessions

(VIANEWS) – Corn (ZC) has been up by 8.88% for the last 21 sessions. At 23:58 EST on Tuesday, 23 May, Corn (ZC) is $579.50.


Today’s last reported volume for Corn is 4999, 95.85% below its average volume of 120458.61.


Corn’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.28%, a negative 5.73%, and a positive 3.51%, respectively.

Corn’s highest amplitude of average volatility was 1.12% (last week), 6.20% (last month), and 3.51% (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 oversold (<=20).

News about

  • According to FXStreet on Monday, 22 May, "It should be noted that WTI Crude Oil began the week on a negative note before bouncing off $70.65 to end the day on a positive side around $72.15."
  • Crude oil forecast: kicks off the week with consolidation – 23 May 2023. According to DailyForex on Tuesday, 23 May, "TL; DR: the WTI Crude Oil and Brent markets are currently consolidating and showing signs of uncertainty. "
  • According to FXStreet on Monday, 22 May, "Support from a weakening US Dollar, however, lifts Crude Oil back up to Friday’s close after the weak open.", "At the time of writing, WTI Oil is trading in the upper $71s and Brent Crude Oil in the mid $75s."

More news about Corn (ZC).

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