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How
Long Will Beans
Surge Higher?
By Ernie Quigley
Back in 2004 I discovered a “signature low” pattern in soybeans separated by
27-28 years. These signature lows occurred at the Fall Harvest lows of October
1922, November 1949, October 1977, and November 2004. This 27-28 Year Cycle is
one half of the 54-Year Kondradiff Cycle. 27-28 years is MAJOR cycle measurement
found in corn and soybeans.
The important finding of this research was that it ushered in a number of years
of very volatile markets for soybeans. The years after each of the prior
signature lows were significantly more volatile than the years preceding the
signature lows. Based on these finding our annual forecast for 2005 projected a
period of volatility that will reach its
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