# Commodities & Precious Metals Weekly Report: Feb 5

> Energy prices rose sharply in the week ending February 5, with natural gas up about 12% and WTI crude up nearly 9%. Most grain prices fell, with Chicago and Kansas wheat down 3.3% and 2%, while corn rose 0.3% and soybeans lost about half a percent.

- Date: 2021-02-08 · published 2021-02-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/5582-commodities-and-precious-metals-weekly-report-feb-5
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher energy costs raise input and transport costs for feed, while lower wheat prices ease feed-grain costs. The report describes routine weekly moves rather than a new supply shock.

## Read by commodity

- WTI: bullish ▲
- CORN: neutral
- WHEAT: bearish ▼
- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2021-02-05 | 5 | -6.7% | -3.6 | Weekly report confirms Chicago wheat fell 3.3% in the week to Feb 5, matching the move window and showing wheat lagging other grains. |

## Sources

- graniteshares.com: https://graniteshares.com/research/commodities-precious-metals-weekly-report-feb-5/

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