The global economy and the world population continue to grow. Global demand for corn has increased from 21.9 billion bushels in 2012 to an estimated 42.1 billion bushels in 2018.

Farmers in the U.S. and around the world benefit from free trade and global economic growth. Since the trade spat has turned into a trade war, grain prices have dropped by 15% to 24%.

Here are three key marketing concepts to use on your farm this month.

When daily price volatility gets extreme, get ready for a high. Extreme volatility happens more often at major highs than at major lows. 

For soybeans, the total South American crop is down about 580 million bushels. This is a game changer. We are in a world with increasing livestock numbers and growing demand for protein. 

Go slow and ask questions. The long-term key to earning more is learning more. 

Al Kluis lays out the three reasons to be bullish this year.

Plan to use the three-step risk-management plan for 2018.

There is bad and good news for global demand: wheat demand is increasing by just 1% each year while soybean demand is increasing by 3% a year.

South America is now the largest producer and exporter of soybeans in the world. Brazil is very close to producing as many soybeans as the U.S.