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Henry Hub natural gas rose to $4.61/mmBtu, its highest since a single-day spike in January. Opal in Wyoming climbed to near $7 as cold weather and low storage pushed prices up.
Cold weather and low storage support higher gas prices, which raise energy and processing costs for feed mills and ethanol and DDGS producers.
apnews.comHeather RichardsDec 4, 2018After 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.
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.
