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.
Market analyst Al Kluis views production and usage numbers for corn and soybeans as positive in the long-term.
The patterns have changed in the last decade, says market analyst Al Kluis.
A long-term low is due in 2017, according to market analyst Al Kluis.