Natural Gas Cash (NGY00)
Natural Gas Futures Market News and Commentary
June Nymex natural gas (NGM26) on Wednesday closed up +0.021 (+0.74%).
Nat-gas prices settled higher on Wednesday on forecasts of above-normal US weather, which could spark nat-gas demand from electricity providers to power increased air-conditioning use. Â The Commodity Weather Group said Wednesday that forecasts shifted warmer, with above-average temperatures expected across the Midwest and Southwest through May 17.
Projections for higher US nat-gas production are negative for prices. Â On Tuesday, the EIA raised its forecast for 2026 US dry nat-gas production to 110.61 bcf/day from an April estimate of 109.60 bcf/day. Â US nat-gas production is currently near a record high, with active US nat-gas rigs posting a 2.5-year high in late February.
On April 17, nat-gas prices tumbled to a 1.5-year nearest-futures low amid robust US gas storage. Â EIA nat-gas inventories as of April 24 were +7.7% above their 5-year seasonal average, signaling abundant US nat-gas supplies.... Read more
Barchart · Wed May 13, 2:20PM CDT
June WTI crude oil (CLM26 ) ton Wednesday closed down -1.16 (-1.14%), and June RBOB gasoline (RBM26 ) closed down -0.0790 (-2.14%). Crude oil and gasoline...
Barchart · Wed May 13, 2:18PM CDT
June Nymex natural gas (NGM26 ) on Wednesday closed up +0.021 (+0.74%). Nat-gas prices settled higher on Wednesday on forecasts of above-normal US weather,...
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June WTI crude oil (CLM26 ) today is up +0.50 (+0.49%), and June RBOB gasoline (RBM26 ) is down -0.0340 (-0.92%). Crude oil and gasoline prices are mixed...
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Corn futures posted mixed action at the Wednesday close, with contracts within a penny of either side of unchanged. The CmdtyView national average Cash...
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Live cattle futures were in rally mode on Wednesday, with contracts up $2.60 to $5.10. Cash trade has seen some $260 sales in the South early this week,...
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Cotton futures closed the Wednesday session with contracts coming off the midday highs, up 7 to 49 points. The US dollar index was $0.215 higher at $98.395....
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The wheat complex followed Tuesday’s limit gains with the three exchanges lower on Wednesday. Chicago SRW futures closed with contracts steady to 3 ½...
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Lean hog futures posted a Wednesday rally, with contracts up 55 cents to $2.92 led by the front months. Soon to expire May (on Thursday) was down a tick....
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