Natural Gas Surges, Grains Plunge: Commodity Market Update
Update: 2025-11-12
Description
November 12th: Natural Gas Surge, Grains Downturn, and Wheats Mixed MovementsThe natural gas market made a significant four percent daily gain, standing out from other commodities. Meanwhile, the grains sector, particularly soybeans, experienced a downturn, with January issues closing lower. The strengthening carry in the January to March futures spread suggests commercial interests were actively influencing the market, possibly due to recent cash sales by North American producers. In the wheat sub-sector, most markets closed higher, but the overall sentiment remained subdued, with commercial traders selling winter wheat due to bearish fundamentals.
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