The supply of propane is tightening in the Midwest, as expected. Higher-than-usual moisture content in this year’s grain crops has created an increase in the use of propane to fuel corn dryers.
The federal Department of energy reported that the Nov. 1 propane stocks were about 2 million barrels less than during the same time a year ago. Those stocks normally peak from late September to mid-October and then fall during November and December.
Governors in Wisconsin, Minnesota, Iowa, Indiana, North Dakota and South Dakota have signed orders to temporarily lift restrictions on commercial vendors hauling fuels to farmers and farm cooperatives, according to a Reuters report.