(VIANEWS) – Corn (ZC) has been up by 3.95% for the last 5 sessions. At 11:51 EST on Wednesday, 24 July, Corn (ZC) is $421.25.
Volume
Today’s last reported volume for Corn is 105535, 22.41% below its average volume of 136022.48.
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
- According to FXStreet on Monday, 22 July, "This, in turn, is seen lending some support to the USD-denominated commodities, including Crude Oil prices.", "This, along with China’s economic woes, should keep a lid on any meaningful upside for Crude Oil prices."
- Crude oil struggles to recover footing on Tuesday despite API barrel count contraction. According to FXStreet on Tuesday, 23 July, "West Texas Intermediate (WTI) briefly fell below $77.00 per barrel on Tuesday before a meager recovery that left US Crude Oil markets grappling with a fresh bout of broad-market bearishness.", "With hopes of a broad recovery in Chinese fuel demand going up in smoke, markets are finding little reason to keep supporting Crude Oil prices as geopolitical tensions in the Middle East continue to sizzle with no foreseeable impact after months of concerns about a possible crimp in global Crude Oil production."
More news about Corn (ZC).
