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Prompt-month US natural gas prices have risen 21% to $3.51 since January 10. The February contract was expected to settle well above the $2.75 January expiration.
Firmer winter gas prices raise power and fertilizer input costs, which can pass through to feed and nitrogen pricing. The move is a routine price update rather than a new supply shock.
forbes.comJude ClementeJan 28, 2018Not enough comparable past events yet for a historical read.
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.
