Class III Milk Futures - Seasonality

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Class III Milk Futures - Seasonality

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	67%	50%	50%	70%	80%	60%	67%	67%	56%	56%	67%	63%
Average return %	-2.00%	+0.07%	+0.65%	-0.71%	+3.75%	+3.58%	+0.57%	+3.29%	+0.61%	+3.05%	-3.50%	-3.62%
2026	-2.59%	+5.37%	+6.57%	+1.27%	-1.57%	-8.27%	+3.48%	--	--	--	--	--
2025	-2.02%	-6.08%	-8.45%	+7.54%	+4.18%	-7.30%	-3.60%	+5.72%	-4.91%	+0.99%	-11.67%	+1.17%
2024	0.00%	+5.34%	-3.66%	-5.02%	+19.85%	+7.74%	+2.45%	+0.39%	+13.10%	-13.69%	-1.29%	+2.27%
2023	-4.84%	-8.37%	+1.18%	+3.10%	-13.16%	-12.31%	-2.61%	+36.78%	-2.70%	-8.22%	-4.56%	0.00%
2022	+10.59%	+2.70%	+13.19%	+3.00%	+3.32%	-10.60%	-0.04%	-12.83%	+1.12%	+9.87%	-9.08%	+3.23%
2021	+2.03%	-3.04%	+3.33%	+9.23%	+7.54%	-10.86%	-2.54%	-3.03%	+13.33%	-1.44%	+1.06%	+2.11%
2020	-11.80%	-0.35%	-4.48%	-29.90%	+7.12%	+72.17%	+17.07%	-19.47%	-16.89%	+31.41%	+7.78%	-32.10%
2019	+1.37%	+8.70%	-1.18%	+5.98%	+2.63%	-0.67%	+7.87%	+0.34%	+3.80%	+10.01%	+1.24%	-5.11%
2018	-9.09%	-4.29%	+6.19%	+1.90%	+4.69%	+0.59%	-7.53%	+17.00%	-2.48%	-3.60%	-6.89%	-4.36%
2017	-3.68%	+0.72%	-6.16%	-4.17%	+2.90%	+5.32%	-5.90%	+4.72%	+1.11%	+2.08%	-8.07%	+0.20%

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Correlation

Midterm

44.53%

2014

82.09%

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Weekly average

Monthly average