# U.S. natgas futures fall about 2% on surplus, contract expiry | Financial Post

> U.S. natural gas futures fell about 2% on Monday, September 28, the last day of the October contract, which settled at $2.101/MMBtu. The decline came amid a continued supply surplus and easing Atlantic storm threats, despite projected higher LNG exports. November futures, the new front month, were roughly flat at $2.795.

- Date: 2020-09-28 · published 2020-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51296-u-s-natgas-futures-fall-about-2-on-surplus-contract-expiry-financial-post
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower Henry Hub natural gas prices reduce the cost of nitrogen fertilizer and energy inputs, a modest bearish signal for feed-cost inputs. The effect on feed grain prices is limited.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/u-s-natgas-futures-fall-about-2-on-surplus-contract-expiry

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