CQG Inc.

12/11/2024 | News release | Distributed by Public on 12/11/2024 10:00

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
49.07 		5_Yr
36.22 		9_Yr
32.78 		6_Yr
87.09
Last Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 5_Yr
74.59 		3_Yr
24.41 		9_Yr
41.88 		6_Yr
87.55

Wheat

[Link]

This Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 8_Yr
60.86 		2_Yr
85.00 		2_Yr
76.54 		2_Yr
87.86
Last Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 8_Yr
72.48 		2_Yr
84.77 		2_Yr
74.17 		2_Yr
87.31

Corn

[Link]

This Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 8_Yr
54.82 		3_Yr
52.72 		4_Yr
70.53 		10_Yr
89.70
Last Week's Data
Correlation Lookback (Days) 20 50 100 200
Seasonal Year Back with the Highest Correlation 7_Yr
56.24 		3_Yr
39.54 		4_Yr
66.71 		10_Yr
89.92