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US natural gas prices fell to $2.85/MMBtu, their lowest in nearly two weeks, as forecasts of above-average temperatures through November 18 point to weak heating demand. Storage is building faster than normal, and average feed gas to the nine major US LNG export terminals slipped to 17.7 bcfd in November from 18.4 bcfd in October.
Softer US gas prices lower energy and nitrogen fertilizer costs for US producers, a mild bearish influence on input costs. The slowdown in LNG feedgas is a small negative for the energy complex, though the effect on grain and feed prices is limited.
tradingview.comNov 4, 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.
