Wednesday Weekly Grain Seasonal Review 10.19.22

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

Soybeans

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 10_Yr
62.67
10_Yr
58.86
4_Yr
65.60
8_Yr
55.73
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 9_Yr
85.06
10_Yr
51.79
4_Yr
69.85
1_Yr
50.72

Wheat

Wheat

 

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 7_Yr
44.62
9_Yr
60.54
9_Yr
79.89
8_Yr
66.55
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 3_Yr
61.76
2_Yr
71.97
9_Yr
81.60
8_Yr
64.88

Corn

Corn

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 3_Yr
62.10
2_Yr
80.11
6_Yr
46.43
1_Yr
53.74
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 2_Yr
74.84
2_Yr
87.84
6_Yr
52.79
1_Yr
57.53