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Corn Futures Over 8% Up In The Last 21 Sessions

Corn Futures Over 8% Up In The Last 21 Sessions
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(VIANEWS) - Corn (ZC) has been up by 8.48% for the last 21 sessions. At 05:53 EST on Wednesday, 15 May, Corn (ZC) is $470.25.

Volume

Today's last reported volume for Corn is 10723, 92% below its average volume of 134074.62.

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, 13 May, "At the time of writing, Crude Oil (WTI) trades at $78.06 and Brent Crude at $82.70."
  • According to FXStreet on Wednesday, 15 May, "For the week ending May 10, the API Weekly Crude Oil Stock dropped 3.104 million barrels, significantly exceeding the forecasted 1.35 million-barrel decline. "
  • Crude oil finds late bump but still sheds weight on Tuesday as WTI grApples with $78. According to FXStreet on Tuesday, 14 May, "West Texas Intermediate (WTI) US Crude Oil fell to $77.30 on Tuesday as market sentiment regarding Federal Reserve (Fed) interest rate cut expectations begins to crumble, but a late-day Crude Oil supply update from the American Petroleum Institute (API) helped to bolster barrel bids.", "Crude Oil prices have been in a slump recently as it looks increasingly likely the ongoing Israel-Palestinian Hamas conflict is not going to spill over to neighboring countries and pose a threat to global Crude Oil production and supply. "

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.