Wednesday Weekly Grain Seasonal Review 6.29.22

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.

Below each chart are two tables. The first table is the highest correlation of the current market data to the seasonal year using a 20-day, 50-day, 100-day and the 200-day lookback periods. The second table is the previous week’s data. Seasonal analysis is about price direction or the trend.

Soybeans

Soybean

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 5_Yr
82.89
9_Yr
40.54
6_Yr
60.29
1_Yr
89.75
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 9_Yr
42.59
9_Yr
58.85
8_Yr
70.98
1_Yr
89.86

Wheat

Wheat

 

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 6_Yr
86.21
8_Yr
51.18
8_Yr
55.56
1_Yr
68.35
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 4_Yr
79.81
8_Yr
32.27
8_Yr
60.73
1_Yr
69.86

Corn

Corn

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 3_Yr
39.91
8_Yr
69.39
1_Yr
70.22
1_Yr
91.75
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 10_Yr
55.01
8_Yr
59.98
1_Yr
71.01
1_Yr
92.02