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 | 6_Yr 67.42 | 8_Yr 66.63 | 2_Yr 38.52 | 10_Yr 60.93 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 6_Yr 62.21 | 8_Yr 62.26 | 4_Yr 41.01 | 10_Yr 68.81 |
Wheat
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 6_Yr 76.89 | 2_Yr 57.15 | 2_Yr 55.11 | 2_Yr 88.08 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 5_Yr 87.57 | 8_Yr 52.46 | 2_Yr 65.27 | 2_Yr 90.52 |
Corn
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 2_Yr 74.83 | 2_Yr 81.65 | 4_Yr 83.43 | 4_Yr 68.87 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 2_Yr 81.95 | 2_Yr 72.65 | 4_Yr 82.87 | 4_Yr 59.65 |