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 | 3_Yr 59.05 | 4_Yr 58.18 | 10_Yr 76.60 | 6_Yr 86.98 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 6_Yr 51.78 | 7_Yr 69.97 | 6_Yr 81.95 | 6_Yr 84.54 |
Wheat
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 3_Yr 73.52 | 2_Yr 74.53 | 2_Yr 91.06 | 8_Yr 63.51 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 3_Yr 84.27 | 2_Yr 73.45 | 2_Yr 93.10 | 8_Yr 64.51 |
Corn
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 5_Yr 82.52 | 4_Yr 68.81 | 8_Yr 89.16 | 10_Yr 84.70 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 5_Yr 82.52 | 4_Yr 68.81 | 8_Yr 89.16 | 10_Yr 84.70 |