Natural Gas Soars 75% in Three Days as Arctic Cold Grips US

After 30 past bullish weather events, Urea moved a median +1.4% over 5 sessions (67% higher; middle half -0.3% to +1.6%), and +9.1% over 20.

• Jan 20, 2026Natural gas prices soar as cold snap blasts across the U.S.+1.4%
• Jan 24, 2026Natural Gas Market in `Panic Mode' After Mild Winter Bets - Bloomberg+1.6%
• Jan 21, 2026Natural Gas Prices Soar as Winter Storm Is Set to Drop Snow, Ice Across Massive Swath of the US - Bloomberg+1.6%
• Jan 14, 2024Frigid temps cut US natural gas supply as demand soars, Texas faces possible shortfall By Reuters-0.3%
• Jan 26, 2026Natural gas prices hit $6 as Winter Storm Fern brings extreme cold+1.6%

After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.

• Nov 4, 2021US oat prices soar as supply dips due to drought, demand | World Grain+3.7%
• Jun 30, 2026A Tale of Two Corn Belts: Drought Grips the West as the East Stays Soggy | American Ag Network+5.7%
• Mar 12, 2021US summer dryness in 2021 favors north central states | World Grain-9.6%
• Apr 19, 2017New climate data assessment tools for US grain farmers+1.2%
• Apr 28, 2026Corn, sorghum crops fare well in areas with moisture; prices looking up - AgriLife Today+1.8%