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 84.44 | 5_Yr 76.98 | 10_Yr 90.18 | 6_Yr 65.64 |
| Last Week's Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 1_Yr 93.04 | 8_Yr 83.14 | 10_Yr 78.47 | 4_Yr 55.69 |
Wheat
| This Week's Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 1_Yr 45.61 | 8_Yr 93.16 | 2_Yr 84.06 | 8_Yr 65.99 |
| Last Week's Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 1_Yr 45.61 | 8_Yr 93.16 | 2_Yr 84.06 | 8_Yr 65.99 |
Corn
| This Week's Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 1_Yr 86.71 | 8_Yr 94.77 | 10_Yr 91.68 | 1_Yr 77.11 |
| Last Week's Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 1_Yr 87.18 | 8_Yr 96.51 | 10_Yr 91.05 | 1_Yr 75.81 |