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US natural gas fell to about $2.59 per MMBtu, nearing its lowest since October 2024, after utilities injected 103 bcf into storage in the week ending April 17. Inventories are about 7.1% above the five-year average.
Ample US storage keeps domestic gas costs low, which eases energy and fertilizer input costs for US feed producers in the near term.
Not enough comparable past events yet for a historical read.
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.