Weekly Grain Seasonal Review

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

Soybeans

This Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation6_Yr                    
51.78
7_Yr                    
69.97
6_Yr                    
81.95
6_Yr                    
84.54
Last Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation6_Yr                    
64.93
7_Yr                    
72.15
6_Yr                    
84.43
6_Yr
82.03

Wheat

Wheat

 

This Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation3_Yr                    
84.27
2_Yr                    
73.45
2_Yr                    
93.10
8_Yr                    
64.51
Last Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation3_Yr                    
77.03
2_Yr                    
66.78
2_Yr                    
93.64
8_Yr                    
66.82

Corn

Corn

This Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation5_Yr                    
82.52
4_Yr                    
68.81
8_Yr                    
89.16
10_Yr                    
84.70
Last Week's Data    
Correlation Lookback (Days)2050100200
Seasonal Year Back with the Highest Correlation5_Yr                    
81.55
4_Yr                    
45.32
8_Yr                    
88.11
10_Yr                    
83.20

Disclaimer

Trading and investment carry a high level of risk, and CQG, Inc. does not make any recommendations for buying or selling any financial instruments. We offer educational information on ways to use our sophisticated CQG trading tools, but it is up to our customers and other readers to make their own trading and investment decisions or to consult with a registered investment advisor. The opinions expressed here are solely those of the author and do not reflect the opinions of CQG, Inc. or its affiliates.