Propane industry officials are predicting adequate supplies and more stable prices for the winter grain drying season. Cinch Munson, Director of Ag Business Development for the Propane Education and Research Council says the amount of propane in storage is higher than the five year average which should prevent a repeat of last year’s record high prices.
He says last winter’s cold weather and the large amount of grain drying took the biggest toll on supply, but the outlook is improved this season.
Yet, farmers remain concerned about propane availability due to rail congestion and the recent loss of a propane pipeline in the upper Midwest.