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Corn Futures Is 4% Down In The Last 10 Sessions

ViaNews Editorial Team

February 25, 2023

Corn Futures Is 4% Down In The Last 10 Sessions
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(VIANEWS) - Corn (ZC) has been up by 4.73% for the last 10 sessions. At 10:53 EST on Saturday, 25 February, Corn (ZC) is $649.25.

Volume

Today's last reported volume for Corn is 265186, 121.61% above its average volume of 119658.44.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was a negative 0.09%, a negative 0.13%, and a positive 0.93%, respectively.

Corn's highest amplitude of average volatility was 0.45% (last week), 0.55% (last month), and 0.93% (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 crude oil forecast: oil languishing in the same range - 23 February 2023. According to DailyForex on Thursday, 23 February, "On Wednesday's trading session, the West Texas Intermediate Crude Oil market experienced back and forth movement, remaining in the middle of a larger consolidation area. ", "In summary, the West Texas Intermediate Crude Oil market remains in a consolidation area, with $82 acting as significant resistance and $72 as significant support."
  • According to FXStreet on Thursday, 23 February, "A goodish recovery in Crude Oil prices underpins the commodity-linked Loonie, which, in turn, is seen as a key factor weighing on the USD/CAD pair. "

More news about Corn (ZC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.