Soybeans Brazil Brazil’s soybean market remains volatile, although it is perhaps less so than in early April. Traded volume has been huge with the volatility generally good for the market as it enables players to move in and out quicker. Last year FOB and CNF markets had hardly any basis movement for weeks and even months. This made it difficult for companies speculating in these markets to make any money because prices were too stable. Now, however, the significant volatility is providing great opportunities that, depending on the position taken, can of course result in big profits or big losses. Nevertheless, most players in the value chain have been profitable lately. Farmers have had good incomes due to this year’s high y...