# US natural gas prices slide - Markets - Business Recorder

> US natural gas futures fell more than 2% in thin holiday trading as record production and a mild short-term weather outlook limited heating demand. The front-month January contract settled at $2.55 per mmBtu.

- Date: 2023-12-27 · published 2023-12-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32893-us-natural-gas-prices-slide-markets-business-recorder
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Mild weather and record output keep the US gas market bearish near term. Cheaper gas lowers energy and fertilizer input costs for feed producers.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40280801

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.