Will soybeans start a bull cycle?

Agrovoz Drafting

The trade dispute between China and the United States is hitting the market hard. The possibility that China will stop buying American beans, because of high import tariffs, has hit markets hard. So much so that oilseeds hit Chicago the lowest price in 13 years.

Cut himself?

But chances are the trend will reverse.

According to badyst Rubén Ullua, since the late 1990s, soybeans have been in a temporary cycle of 26 continuous months, interspersed with good and bad times in soybean prices.

"All the time, in May, the bearish cycle ends and the uptrend should start. Will it be?", Asks the badyst on his Twitter account.

Since the late 1990s, soy has been in a continuous cycle of 26 months, interspersed with good and bad times in soybean prices. All the time, in May, the bearish cycle ends and the uptrend should begin! … will it be? … pic.twitter.com/P4CFLt7uel

– Ruben.Ullua (@Ullua) May 14, 2019