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 | 2_Yr 69.77 | 2_Yr 53.75 | 3_Yr 41.23 | 3_Yr 17.07 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 2_Yr 72.92 | 2_Yr 44.98 | 3_Yr 42.53 | 3_Yr 25.90 |
Wheat
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 2_Yr 82.71 | 2_Yr 83.20 | 9_Yr 86.26 | 2_Yr 83.74 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 2_Yr 71.64 | 2_Yr 92.04 | 9_Yr 84.46 | 2_Yr 80.21 |
Corn
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 3_Yr 18.87 | 5_Yr 82.39 | 1_Yr 85.79 | 1_Yr 77.52 |
Three Week's Back Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 5_Yr 37.20 | 5_Yr 78.24 | 1_Yr 86.40 | 1_Yr 74.01 |