Corn Futures Went Up By Over 5% In The Last 5 Sessions

(VIANEWS) – Corn (ZC) has been up by 5.27% for the last 5 sessions. At 23:57 EST on Thursday, 6 June, Corn (ZC) is $469.00.

Volume

Today’s last reported volume for Corn is 4383, 96.68% below its average volume of 132095.41.

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

  • Crude oil attempts to shrug off supplies buildup, WTI claws back to $74. According to FXStreet on Wednesday, 5 June, "West Texas Intermediate (WTI) US Crude Oil is grinding higher on Wednesday as energy markets attempt to shrug off another buildup in US Crude Oil stocks. ", "Daily candlesticks closed in the red for the last five consecutive trading days, and meagre grains represent the best Crude Oil bidders can do."
  • According to FXStreet on Thursday, 6 June, "The upside of Oil prices could be limited as the US Energy Information Administration (EIA) Crude Oil Stocks Change showed that crude Oil inventories increased by 1.233 million barrels in the week ending May 31. "
  • According to FXStreet on Thursday, 6 June, "At the time of writing, Crude Oil (WTI) trades at $74.23 and Brent Crude at $78.60"
  • Crude oil extends recovery, WTI tests $75.50. According to FXStreet on Thursday, 6 June, "WTI has extended into a two-day recovery, climbing from a near-term bottom of $72.45, but US Crude Oil remains steeply off of recent levels, trading on the low side of the 200-day Exponential Moving Average (EMA) at $78.78.", "West Texas Intermediate (WTI) US Crude Oil recovered to $75.50 per barrel in thin market trading on Thursday, regaining recently-lost ground as energy traders try to shake off looming oversupply threats to focus on rising hopes of a Federal Reserve (Fed) rate cut in the third quarter."

More news about Corn (ZC).

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