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 63.98 | 3_Yr 61.34 | 9_Yr 46.86 | 3_Yr 16.09 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 7_Yr 76.30 | 3_Yr 53.43 | 9_Yr 34.99 | 3_Yr 5.85 |
Wheat
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 1_Yr 53.43 | 9_Yr 32.18 | 2_Yr 54.73 | 2_Yr 81.40 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 1_Yr 76.37 | 6_Yr 32.02 | 2_Yr 69.52 | 2_Yr 83.59 |
Corn
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 4_Yr 63.81 | 1_Yr 86.56 | 7_Yr 76.60 | 2_Yr 46.81 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 9_Yr 81.33 | 1_Yr 84.62 | 7_Yr 62.75 | 2_Yr 45.82 |