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US natural gas futures settled up 0.53% on forecasts of cooler late-November weather and record feedgas to LNG export plants. LSEG data showed Lower 48 output falling to 111.6 bcfd in November from 113.4 bcfd in October.
Stronger LNG demand and lower output tighten US gas balances and support higher gas prices. Higher gas costs raise nitrogen fertilizer and drying costs for US grain and feed processors.
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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.