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 | 7_Yr 76.49 |
1_Yr 74.61 |
2_Yr 77.28 |
4_Yr 56.07 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 9_Yr 74.01 |
2_Yr 72.38 |
2_Yr 75.08 |
4_Yr 57.15 |
Wheat
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 5_Yr 60.61 |
1_Yr 60.33 |
5_Yr 82.70 |
6_Yr 83.31 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 8_Yr 75.64 |
1_Yr 66.26 |
5_Yr 85.09 |
9_Yr 83.65 |
Corn
This Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 10_Yr 90.95 |
2_Yr 62.75 |
5_Yr 68.92 |
4_Yr 60.81 |
Last Week's Data | ||||
Correlation Lookback (Days) | 20 | 50 | 100 | 200 |
Seasonal Year Back with the Highest Correlation | 7_Yr 66.24 |
2_Yr 47.81 |
5_Yr 62.68 |
4_Yr 62.83 |