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The December NYMEX natural gas contract settled at $2.898 per MMBtu on October 30 and traded near $2.91 early Monday, near a one-week low. Forecasts for above-normal temperatures, recovering production and a larger-than-expected storage build outweighed strong LNG exports.
Balance-of-winter and summer 2027 strips hit new five-year lows.
Soft natural gas prices keep US industrial and energy costs low for feed mills and processors, with limited direct effect on grain or oilseed prices. The main risk is a cold Northeast winter that could lift prices quickly.
premierenergymanagement.comTony ZelinskiNov 2, 2026Not 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.
