# Natural gas is one of the few trades that hasn't worked, down 50% in 12 months

> US natural gas futures fell to a one-month low, trading near $2.34 per MMBtu and roughly 50% below a year earlier. Prices are down about 21% for 2019 amid record US production and a milder-than-normal fall. Analysts described the recent dip as possibly running its course, while some warned prices could fall below $2.00 if warmth persists.

- Date: 2019-12-02 · published 2019-12-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55765-natural-gas-is-one-of-the-few-trades-that-hasn-t-worked-down-50-in-12-months
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Cheap natural gas lowers energy and fertilizer input costs and weakens the fuel-cost case for ethanol and other energy-linked feed inputs. Continued oversupply keeps the energy-price headwind on feed-grain margins.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2019/12/02/natural-gas-is-one-of-the-few-trades-that-hasnt-worked-down-40percent-in-12-months.html

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