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Propane demand for crop drying looking bearish, despite projections of record corn harvest

By Clifton Linton, editor, Energy Transport Insider

The U.S. could see a record 15.2-billion-bushel corn harvest this fall, but that’s not likely to translate into strong propane demand for crop drying, propane industry sources say. They are looking for demand to be at- or below-normal levels.

The U.S. Department of Agricuture said, in early August, that year-over-year yields are projected to be higher in all corn belt states except South Dakota and Minnesota.

Midwest propane market sources expect light to moderate crop drying demand for propane. Growing conditions have been good and in many cases cor...

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