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US natural gas production has risen faster than consumption and exports for about four months, causing inventories to build. Front-month futures have fallen by $6 per MMBtu, or 62%, since late August.
A growing surplus and heavy stocks weigh on natural gas prices, lowering fertilizer (nitrogen) and natural-gas-linked input costs for feed producers over time.
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.