This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Monsoon season in Brazil has now started in earnest with virtually all the major growing regions receiving another 2 to 3 inches of rain this week. Everyone down there is planting as fast as they can to make up for the late start. We expect planting pace to accelerate to allow planting to catch up to its historical average. Planting started late, but should finish on time. With the crop planted, a lot of the weather premium has been taken out of the bean market. I am thankful the market has not challenged the old lows. Corn and soybeans have managed to find some support and bring buying to the market despite the South American weather premium coming out of the market.