Corn Futures Went Down By Over 3% In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 3.74% for the last 10 sessions. At 22:53 EST on Thursday, 18 January, Corn (ZC) is $444.25.

Volume

Today’s last reported volume for Corn is 2850, 97.8% below its average volume of 129897.23.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.57%, a negative 0.33%, and a positive 2.48%, respectively.

Corn’s highest amplitude of average volatility was 0.57% (last week), 0.73% (last month), and 2.48% (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

  • WTI dips to $70.60 and rebounds as geopolitical risks continue to plague crude oil markets. According to FXStreet on Wednesday, 17 January, "WTI’s early decline on Wednesday saw a rebound back above the 200-hour Simple Moving Average (SMA) near $72.40 as US Crude Oil heads back towards the $73.00 handle.", "Lagging growth from China, steadily increasing global Crude Oil production, and a rising US Dollar (USD) saw West Texas Intermediate (WTI) US Crude Oil fall into a fresh low for the week near $70.60."
  • According to FXStreet on Thursday, 18 January, "The American Petroleum Institute (API) reported a surprising increase in Weekly Crude Oil Stock to 0.483 million barrels for the week ending on January 12, contrary to the expected decline of 2.4 million barrels. ", "The Energy Information Administration (EIA) is set to release the Crude Oil Stocks Change report later in the North American session. "

More news about Corn (ZC).

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