Wednesday Weekly Grain Seasonal Review 7.27.22

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.

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 8_Yr
81.91
8_Yr
69.61
8_Yr
60.48
1_Yr
89.69
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 4_Yr
74.98
8_Yr
43.47
8_Yr
45.33
1_Yr
89.86

Wheat

Wheat

 

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 8_Yr
69.74
8_Yr
94.95
6_Yr
76.98
4_Yr
70.65
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 6_Yr
93.38
8_Yr
73.87
8_Yr
63.17
4_Yr
65.42

Corn

Corn

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 8_Yr
74.85
8_Yr
92.75
4_Yr
79.13
1_Yr
81.30
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 4_Yr
58.84
8_Yr
59.90
1_Yr
63.94
1_Yr
90.65