
The EIA's September outlook expects US underground gas storage to near 4 Tcf by end-October, the second-highest end-October level on record. US dry gas output is forecast near 112 Bcf per day in 2026, and new pipeline capacity is adding supply from the Permian.
Ample US gas supply and storage keep Henry Hub prices under pressure, which lowers natural gas costs for US grain drying and processing. The effect on feed prices is limited because US gas markets are largely insulated from global LNG tightness.
After 62 past bearish report events, Natural Gas moved a median -3.0% over 5 sessions (42% higher; middle half -7.6% to +4.6%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.