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 37.46 | 5_Yr 37.37 | 9_Yr 16.25 | 10_Yr 86.67 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 5_Yr 49.07 | 5_Yr 36.22 | 9_Yr 32.78 | 6_Yr 87.09 |
Wheat
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 8_Yr 77.33 | 2_Yr 85.57 | 2_Yr 81.91 | 2_Yr 77.13 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 8_Yr 60.86 | 2_Yr 85.00 | 2_Yr 76.54 | 2_Yr 87.86 |
Corn
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 10_Yr 64.77 | 10_Yr 56.53 | 4_Yr 67.48 | 6_Yr 84.95 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 8_Yr 54.82 | 3_Yr 52.72 | 4_Yr 70.53 | 10_Yr 89.70 |