Weekly Grain Seasonal Review 11.16.22

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 8_Yr
71.92
8_Yr
48.93
9_Yr
20.86
8_Yr
62.71
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 8_Yr
75.57
9_Yr
37.98
9_Yr
21.71
8_Yr
65.44

Wheat

Wheat

 

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 7_Yr
50.60
5_Yr
52.67
9_Yr
39.93
8_Yr
72.65
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 7_Yr
32.80
7_Yr
43.29
9_Yr
54.91
8_Yr
71.53

Corn

Corn

This Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 7_Yr
90.74
7_Yr
49.39
2_Yr
70.29
4_Yr
38.11
Last Week's Data        
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 7_Yr
78.49
6_Yr
45.84
2_Yr
69.35
1_Yr
42.45