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Seasonality

Wheat (SRW, Chicago)

ZW=F · daily history 2000-07-172026-07-31

July avg return (15y)

0.6%

month-over-month, n = 15 years

July positive-close prob. (15y)

46.7%

share of those years the month closed positive

Years in 15y sample

15

complete calendar years

Strongest month (15y)

2.5%

September

Window15 complete calendar years in sample

Seasonal path

Average cumulative return through the year (blue, 15-year window), each year indexed to its own first session, with 2026 so far overlaid in amber.

Monthly averages

Average month-over-month return by calendar month (positive blue, negative amber), with the positive-close probability labelled above each bar.

Bars: average month-over-month return (15-year window). Labels above each bar: positive-close probability (share of those years the month closed positive).

Monthly table

Every calendar month over the 15-year window. Sortable by average return or positive-close probability.

Monthn years
January-0.51%60.0%15
February-1.13%33.3%15
March1.20%46.7%15
April0.53%53.3%15
May1.29%53.3%15
June-1.69%40.0%15
July0.59%46.7%15
August-2.91%40.0%15
September2.51%66.7%15
October1.32%60.0%15
November-2.21%33.3%15
December2.10%66.7%15