CQG Inc.

11/06/2024 | News release | Distributed by Public on 11/06/2024 07:59

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

[Link]

This Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 5_Yr
44.11 		3_Yr
34.48 		8_Yr
64.72 		6_Yr
89.15
Last Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 6_Yr
22.75 		4_Yr
5.48 		8_Yr
73.56 		6_Yr
88.94

Wheat

[Link]

This Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 2_Yr
49.83 		2_Yr
58.79 		2_Yr
71.09 		2_Yr
74.02
Last Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 7_Yr
58.08 		2_Yr
66.65 		2_Yr
84.17 		2_Yr
70.64

Corn

[Link]

This Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 9_Yr
42.75 		9_Yr
53.39 		8_Yr
77.56 		10_Yr
89.46
Last Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 9_Yr
83.17 		9_Yr
55.21 		8_Yr
87.09 		10_Yr
88.97