News
Propane demand outlook back to average for 2020
After high propane demand for corn drying in 2019, the outlook for 2020 looks to be about average.
Dan Pannier is the Propane Operations Manager for GROWMARK based in Illinois. He tells Brownfield some of the corn in western Illinois is at 25-28% moisture right now.
“My expectations would be that the corn drying will just be an average year and maybe even slightly under that.”
He says the wild card in this hand is Iowa and the state of their corn crop after the darecho.
“With the downed corn they have from the storms a few weeks ago how that is going to affect crop drying and how much they will actually be able to harvest. I’m sire it’s not going to dry well whatever did go down.”
He says propane supplies in the US are 15% above the five-year average and about 2.5% above last year. He says the Midwest pad is about 3% behind last year at 26 million barrels but he is comfortable with those numbers.