Loading…
US natural gas futures eased as forecasts pointed to lower demand in coming weeks. Global gas benchmarks are down roughly 60% year to date from record 2022 highs after a mild winter.
Cooler forecasts and high storage weigh on energy costs, which feeds into drying and processing costs for feed producers and softens the energy complex that influences grain and oilseed processing margins.
reuters.comJul 25, 2023Not 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.
