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US natural gas prices rose to a one-week high on lower output and higher LNG export flows, according to Reuters. The rally followed a period of weakness.
Higher natural gas prices raise energy and nitrogen fertilizer costs, which can feed into ag input expenses and modestly support feed prices.
After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% 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.