# Natural Gas MarketWatch — November 2, 2026: Mild November Start Keeps December Below $3.00

> 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.

- Date: 2026-11-02 · published 2026-11-03T03:07:35.411Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/76867-natural-gas-marketwatch-november-2-2026-mild-november-start-keeps-december
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- premierenergymanagement.com: https://www.premierenergymanagement.com/post/natural-gas-marketwatch-november-2-2026-mild-november-start-keeps-december-below-3-00

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