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 | 9_Yr 56.06 | 7_Yr 34.77 | 4_Yr 34.70 | 9_Yr 7.36 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 8_Yr 64.29 | 8_Yr 27.35 | 4_Yr 22.18 | 9_Yr 11.72 |
Wheat
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 8_Yr 32.29 | 8_Yr 40.12 | 2_Yr 77.19 | 2_Yr 85.23 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 3_Yr 58.38 | 2_Yr 51.21 | 2_Yr 83.45 | 2_Yr 85.73 |
Corn
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 9_Yr 70.89 | 7_Yr 84.72 | 7_Yr 52.76 | 8_Yr 39.52 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 9_Yr 80.65 | 7_Yr 64.84 | 5_Yr 72.36 | 8_Yr 43.93 |