MARKETS NEWS
Darin Newsom DTN Senior Analyst
Fri Jan 24, 2014 03:48 PM CST

"It's a Gas, Gas, Gas"

What does natural gas think it is live cattle? I mean seriously, a look at the market's continuous weekly chart and one would think it was looking at the chart for Feb live cattle. But no, the star of the commodity show is now natural gas, aka The Widow Maker.

This past week saw the spot-month contract jump to more than $5.00, levels that haven't been seen since June 2010 (I had to go back to the long-term monthly chart to find that). Support has come from both commercial and noncommercial traders, with the former ...

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