Commodity

Trades we are monitoring today. COMEX Gold Options trading idea using straddle.
December corn futures continued lower yesterday as the bull camp threw in the towel, some likely forced by margin/risk departments. Soybean futures caught a bid yesterday, thanks to new news that suggested a delay in additional tariffs
December corn futures finished yesterday’s session limit down after a hugely bearish USDA report. Expanded limits for today’s session are 40 cents.
Market participants have been waiting two long months for today’s report, below are the estimates.
Traders cull information and pare risk before the USDA report next Monday.
Soybeans managed to defend the previous day's lows and technical support again.
October lean hogs managed to put a tourniquet on today, finishing at session highs, a stone throw from limit up. The consolidation from Monday’s session is all you can ask for if you’re in the bull camp
The Trading Ranges strategy was developed by Futures Magazine data science team to supplement active trader entry and exit levels in futures and commodity markets. 
Traders Focus On Upcoming USDA Report. Below are estimates for Monday’s USDA report
The Trading Ranges strategy was developed by Futures Magazine data science team to supplement active trader entry and exit levels in futures and commodity markets.