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US gas prices have fallen back to pre-February cold snap levels after the freeze, with July 2021 futures down to $2.65 from a $3.10 peak. Storage at 1,793 bcf on March 5 was 7% below the five-year average, but weekly draws have slowed.
Easing gas prices and a rebuilding storage outlook lower energy and nitrogen fertilizer cost pressure for feed producers heading into spring.
financialpost.comReutersMar 16, 2021Not 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.
