# US winter storm derails Henry Hub's recent bearish turn | S&P Global

> S&P Global reports that an impending US winter storm has reversed Henry Hub's bearish trend, with forecasts calling for sub-freezing temperatures across the Central and Eastern US. The 2026 Henry Hub forward strip rose to $3.90/MMBtu, 21% above Jan. 16, and front-month February futures gained about 61%.

- Date: 2026-01-22 · published 2026-01-22T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/4408-us-winter-storm-derails-henry-hub-s-recent-bearish-turn-s-and-p-global
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heating demand above the five-year average and lower storage projections shift the gas outlook, raising energy and fertilizer costs for feed producers.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-01-26 | [Natural gas prices hit $6 as Winter Storm Fern brings extreme cold](https://feedsoft.ai/events/4410-natural-gas-prices-hit-6-as-winter-storm-fern-brings-extreme-cold.md) | +1.6% | +12.9% |
| UREA | 2026-01-21 | [Natural Gas Prices Soar as Winter Storm Is Set to Drop Snow, Ice Across Massive Swath of the US - Bloomberg](https://feedsoft.ai/events/4409-natural-gas-prices-soar-as-winter-storm-is-set-to-drop-snow-ice-across-massive.md) | +1.6% | +13.7% |
| UREA | 2026-01-22 | [Natural gas prices suffer historic spike as extreme winter storm looms \| CNN Business](https://feedsoft.ai/events/4411-natural-gas-prices-suffer-historic-spike-as-extreme-winter-storm-looms-cnn.md) | +1.4% | +13.2% |
| UREA | 2026-01-26 | [When the US freezes, the global LNG market catches a cold \| Reuters](https://feedsoft.ai/events/4404-when-the-us-freezes-the-global-lng-market-catches-a-cold-reuters.md) | +1.6% | +12.9% |
| UREA | 2026-01-22 | [Winter shock links gas markets worldwide as US freeze-offs meet global LNG competition \| Saxo](https://feedsoft.ai/events/6504-winter-shock-links-gas-markets-worldwide-as-us-freeze-offs-meet-global-lng.md) | +1.4% | +13.2% |
| CORN | 2021-09-28 | [BRAZIL CORN WATCH: Rains to favor planting in south, dryness concern in central region \| S&P Global](https://feedsoft.ai/events/44913-brazil-corn-watch-rains-to-favor-planting-in-south-dryness-concern-in-central.md) | +1.2% | +0.6% |
| CORN | 2025-04-30 | [Officials raise alarm as country's key crop forecast drops by over 1 million tons — here's what it means for global food prices](https://feedsoft.ai/events/13867-officials-raise-alarm-as-country-s-key-crop-forecast-drops-by-over-1-million.md) | -1.7% | +0.6% |
| CORN | 2022-07-27 | [Soybeans rally as U.S. forecast turns hot, dry \| Financial Post](https://feedsoft.ai/events/8742-soybeans-rally-as-u-s-forecast-turns-hot-dry-financial-post.md) | +3.1% | +5.3% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/012226-us-winter-storm-derails-henry-hubs-recent-bearish-turn

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