Wednesday Weekly Grain Seasonal Review 9.21.22

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 3_Yr
50.01
2_Yr
48.48
4_Yr
68.07
1_Yr
66.40
Last 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

Wheat

Wheat

 

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 3_Yr
64.54
2_Yr
48.78
8_Yr
83.40
8_Yr
68.26
Last 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

Corn

Corn

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 2_Yr
72.94
2_Yr
81.88
8_Yr
66.86
1_Yr
63.30
Last 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