# US natgas prices ease on forecasts for less demand

> 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.

- Date: 2023-07-25 · published 2023-07-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35222-us-natgas-prices-ease-on-forecasts-for-less-demand
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/business/energy/us-natgas-prices-ease-on-forecasts-for-less-demand-idUSL1N39B129/

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