Weekly Grain Seasonal Review

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)2050100200
Seasonal Year Back with the Highest Correlation10_Yr                    
83.05
3_Yr                    
50.74
3_Yr                    
18.85
4_Yr                    
71.08
Last Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation10_Yr                    
78.84
3_Yr
43.06
8_Yr                    
9.24
4_Yr
68.83

Wheat

Wheat

 

This Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation10_Yr                    
88.44
6_Yr                    
54.50
3_Yr                    
49.00
5_Yr                    
44.18
Last Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation10_Yr                    
70.85
3_Yr                    
36.07
4_Yr                    
11.74
4_Yr                    
66.79

Corn

Corn

This Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation6_Yr                    
54.78
3_Yr                    
44.62
3_Yr                    
33.58
4_Yr                    
69.33
Last Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation6_Yr                    
71.14
3_Yr                    
47.22
3_Yr                    
23.66
4_Yr                    
68.95

Disclaimer

Trading and investment carry a high level of risk, and CQG, Inc. does not make any recommendations for buying or selling any financial instruments. We offer educational information on ways to use our sophisticated CQG trading tools, but it is up to our customers and other readers to make their own trading and investment decisions or to consult with a registered investment advisor. The opinions expressed here are solely those of the author and do not reflect the opinions of CQG, Inc. or its affiliates.