Corn Futures Went Down By Over 9% In The Last 21 Sessions

(VIANEWS) – Corn (ZC) has been up by 9.28% for the last 21 sessions. At 22:52 EST on Saturday, 11 March, Corn (ZC) is $618.25.

Volume

Today’s last reported volume for Corn is 128906, 5.85% above its average volume of 121781.48.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.37%, a negative 0.37%, and a positive 0.94%, respectively.

Corn’s highest amplitude of average volatility was 0.66% (last week), 0.84% (last month), and 0.94% (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 forecast: still looks somewhat lost – 10 March 2023. According to DailyForex on Friday, 10 March, "The WTI Crude Oil market experienced a bit of a rally during Thursday’s trading session but remains stuck in a range due to a lot of back-and-forth noisy behavior. ", "Until the market breaks out of its current range, traders should assume that it will continue to move back and forth between the $72.50 and $82.50 levels for the WTI Crude Oil market and the $77.50 and $89 levels for the Brent market. "
  • According to FXStreet on Friday, 10 March, "The selling pressure around Crude Oil prices remains unabated for the fourth straight day, which undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair. "

More news about Corn (ZC).

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