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 | 4_Yr 80.50 |
4_Yr 47.55 |
6_Yr 25.97 |
2_Yr 76.92 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 9_Yr 82.02 |
4_Yr 36.58 |
2_Yr 40.56 |
2_Yr 80.42 |
Wheat
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 4_Yr 70.77 |
4_Yr 84.07 |
4_Yr 87.78 |
10_Yr 87.00 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 7_Yr 48.83 |
4_Yr 86.68 |
4_Yr 83.26 |
10_Yr 85.07 |
Corn
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 7_Yr 49.34 |
7_Yr 38.69 |
4_Yr 32.68 |
2_Yr 5.51 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 1_Yr 68.24 |
6_Yr 41.41 |
4_Yr 34.97 |
2_Yr 11.20 |