Wednesday Weekly Grain Seasonal Review 9.14.22

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 1_Yr
34.02
10_Yr
59.54
4_Yr
57.14
1_Yr
70.06
Last 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
60.85
1_Yr
89.69

Wheat

Wheat

 

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 2_Yr
56.58
3_Yr
32.47
8_Yr
85.91
8_Yr
67.84
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 5_Yr
21.70
3_Yr
66.76
8_Yr
86.59
8_Yr
66.95

Corn

Corn

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 2_Yr
82.35
2_Yr
62.14
8_Yr
78.13
1_Yr
67.47
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 2_Yr
75.31
2_Yr
31.95
8_Yr
86.24
1_Yr
69.99