It was an interesting week in the markets for several reasons that ranged from  U.S. harvest-related developments to a policy change abroad and an unexpected election result.It was an interesting week in the markets for several reasons: Domestic basis levels for wheat, corn and soybeans continue to improve (higher) as farmers are finding a home for the latter two big crops that are almost finished with harvest. There are reports of corn and soybeans piled everywhere across the western Corn Belt, but we don’t see them. An informal elevator survey suggests that only 20 percent of respondents said they had more grain on the ground than last year. Farmers obviously did a good job preparing for this harvest by either building additional...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Livestock, North America