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 | 8_Yr 43.33 | 9_Yr 61.92 | 8_Yr 42.45 | 9_Yr 5.19 |
| Three Week's Back Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 9_Yr 56.57 | 9_Yr 78.99 | 8_Yr 37.26 | 9_Yr 7.72 |
Wheat
| This Week's Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 6_Yr 54.40 | 5_Yr 69.24 | 2_Yr 83.68 | 2_Yr 84.43 |
| Three Week's Back Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 6_Yr 45.77 | 2_Yr 67.52 | 2_Yr 79.87 | 2_Yr 83.62 |
Corn
| This Week's Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 7_Yr 72.43 | 2_Yr 55.29 | 2_Yr 81.95 | 8_Yr 58.84 |
| Three Week's Back Data | ||||
| Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
| Seasonal Year Back with the Highest Correlation | 8_Yr 62.76 | 2_Yr 58.48 | 2_Yr 78.31 | 8_Yr 61.33 |