Commodity

Friendly start to the Pro Farmer crop tour. The weekly crop progress report was released yesterday afternoon, showing the U.S. corn conditions at 56% Good/Excellent, down 1% from the previous week and 2% below expectations.
Sneak peek at July hedge fund and managed futures returns from Kettera Hydra Platform Investor Letter.
November soybean futures tried to gain ground early last week but failed to attract new buyers near the psychologically significant $9.00 handle. We saw several headlines that had a positive spin, all of which were sold into.
Seeing recycled positive trade headlines thrown at the soybean market, with little response. Crop tours kick off next week.
Trades we are monitoring today. COMEX Gold Options trading idea using straddle.
December corn futures finished lower yesterday as longs continued to liquidate and shorts pounced. Crop tours will start hitting the roads in the coming weeks, this will likely have some influence on price action.
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. 
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.