Wednesday Weekly Grain Seasonal Review 4.27.22

Each Wednesday this article will be updated with the current seasonal study using CQG’s Seasonal analysis applied to the Soybean, Wheat and Corn markets. You can download the CQG pac providing the studies and charts here. In addition, the seasonal data lines can be pulled into Excel using RTD formulas.

Seasonal analysis is about price direction or the trend.

Soybeans

The short term correlation (20-days) is now tracking the 6-year seasonal line. The 50-days correlation is still tracking the 1-year seasonal line. The 100-days correlation is still tracking the 10-year seasonal line. Also, the 200-days correlation is still tracking the 8-year seasonal line.

Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 6_Yr
87.11
1_Yr
62.18
10_Yr
89.04
8_Yr
83.66
Last Week        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 9_Yr
76.06
1_Yr
65.76
10_Yr
89.75
8_Yr
82.00

Wheat

The short term correlation (20-days) is still tracking the 1-year’s seasonal line. The 50-days and 100-days correlation are still tracking the 8-year seasonal line. The 200-days correlation is still tracking the 1-year seasonal line.

Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 1_Yr
44.09
8_Yr
57.06
8_Yr
76.29
1_Yr
54.34
Last Week        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 1_Yr
62.87
8_Yr
70.44
8_Yr
70.65
1_Yr
52.13

Corn

The short term correlation (20-days) is still tracking the 1-year seasonal line. The 50-days and 100-days correlation are still tracking the 8-year seasonal line. The 200-days correlation is still tracking the 1-year seasonal line.

Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 1_Yr
95.04
8_Yr
84.55
8_Yr
95.34
1_Yr
87.20
Last Week        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 1_Yr
87.37
8_Yr
88.34
8_Yr
94.97
1_Yr
85.49