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CNN reports that natural gas prices had a historic spike as meteorologists warned of one of the most extreme winter storms in years. Households turning up heat could deplete stockpiles of natural gas as much of the country enters a deep freeze.
Heavy heating demand drawing down storage supports higher gas prices, feeding into energy and nitrogen fertilizer costs for feed producers.
cnn.comMatt Egan, Chris IsidoreJan 22, 2026After 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.
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.
