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A winter storm is expected to cut about 86 billion cubic feet of US natural gas production over two weeks, with the Appalachia region losing about 35 bcf. Crude and natural gas output are falling as the storm approaches, and diesel prices have been rising.
Lower gas and crude output tightens energy supplies and lifts fuel and power costs for feed and processing operations, supporting higher energy prices and freight costs for animal-feed buyers.
reuters.comGeorgina Mccartney, Tim McLaughlinJan 23, 2026After 221 past bullish weather events, Natural Gas moved a median +3.3% over 5 sessions (61% higher; middle half -5.2% to +14.0%), and -0.3% over 20.
After 40 past bullish weather events, Crude Oil (WTI) moved a median +1.6% over 5 sessions (63% higher; middle half -3.7% to +5.3%), and +6.1% over 20.
After 39 past bullish weather events, ULSD / Diesel moved a median +2.4% over 5 sessions (59% higher; middle half -4.5% to +6.1%), and +8.9% 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.
