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 Correlation1_Yr                    
93.04
8_Yr                    
83.14
10_Yr                    
78.47
4_Yr                    
55.69
Last Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation1_Yr                    
90.92
10_Yr                    
78.68
10_Yr                    
80.48
4_Yr
59.89

Wheat

Wheat

 

This Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation1_Yr                    
45.61
8_Yr                    
93.16
2_Yr                    
84.06
8_Yr                    
65.99
Last Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation8_Yr                    
57.54
10_Yr                    
91.13
2_Yr                    
80.59
8_Yr                    
63.58

Corn

Corn

This Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation1_Yr                    
87.18
8_Yr                    
96.51
10_Yr                    
91.05
1_Yr                    
75.81
Last Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation1_Yr                    
70.27
8_Yr                    
94.88
2_Yr                    
90.11
1_Yr                    
74.05

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.