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
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 7_Yr 63.28 |
10_Yr 53.14 |
2_Yr 88.92 |
1_Yr 53.75 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 7_Yr 64.97 |
1_Yr 59.78 |
2_Yr 89.41 |
4_Yr 53.88 |
Wheat
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 4_Yr 95.70 |
4_Yr 76.36 |
7_Yr 82.65 |
9_Yr 78.67 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 4_Yr 84.08 |
4_Yr 56.18 |
7_Yr 83.71 |
9_Yr 78.86 |
Corn
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 4_Yr 85.50 |
7_Yr 72.42 |
3_Yr 66.11 |
6_Yr 46.39 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 3_Yr 93.71 |
7_Yr 42.66 |
3_Yr 71.05 |
6_Yr 51.52 |