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Old 01-27-2014, 07:14 PM
 
3,438 posts, read 4,968,480 times
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I know this is certainly nationwide, but I certainly hope the rest of the winter is mild.

I had propane delivered today. I was told on the phone............" $3.99 a gallon, 100 gallon per customer"

Last fill was October 25 at $1.79
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Old 01-27-2014, 07:25 PM
 
Location: IN
21,385 posts, read 37,522,783 times
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Quote:
Originally Posted by Teddy52 View Post
I know this is certainly nationwide, but I certainly hope the rest of the winter is mild.

I had propane delivered today. I was told on the phone............" $3.99 a gallon, 100 gallon per customer"

Last fill was October 25 at $1.79
Prices are spiking in rural Wisconsin according to the news. $4-5 gallon for propane are now common. Temperatures are running 6-8F below average. The average high temperature even in southern Wisconsin has been around 22F with the average low of around 2F for the month of January so far. International Falls, MN one of the coldest locations, has an average high temperature of 8F and an average low of -15F so far this month.
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Old 01-27-2014, 07:34 PM
 
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I had heard another thing that depleted supplies was that more propane than normal was used up in late fall for drying corn as there was good yields but the corn had high moisture due to late planting and cooler weather.

Drying down corn to 14% moisture from 18% isn't bad.

Once corn moisture is over 22% a lot of propane is needed.
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Old 01-27-2014, 08:12 PM
 
Location: Table Rock Lake
971 posts, read 1,245,881 times
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Quote:
Originally Posted by Teddy52 View Post
I had heard another thing that depleted supplies was that more propane than normal was used up in late fall for drying corn as there was good yields but the corn had high moisture due to late planting and cooler weather.

Drying down corn to 14% moisture from 18% isn't bad.

Once corn moisture is over 22% a lot of propane is needed.
KY3 news at Springfield, MO. reported propane could top out at $8.00 a gallon and the Missouri House of Representatives has called for an oversite committee to investigate for any possible corruption.
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Old 01-27-2014, 08:43 PM
 
Location: IN
21,385 posts, read 37,522,783 times
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Quote:
Originally Posted by Teddy52 View Post
I had heard another thing that depleted supplies was that more propane than normal was used up in late fall for drying corn as there was good yields but the corn had high moisture due to late planting and cooler weather.

Drying down corn to 14% moisture from 18% isn't bad.

Once corn moisture is over 22% a lot of propane is needed.
Yes, that is correct regarding the late planting and higher moisture content in the corn this past Fall in most of the Upper Midwest. I did not realize that so much propane was used in the drying process.
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Old 01-28-2014, 06:57 AM
 
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A propane supplier was on Jonesboro TV and he stated he looks for prices to start dropping in 6 weeks.

Being 6 weeks brings us to mid March, I would hope the demand ( and the weather) will have leveled out a little by then .
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Old 01-29-2014, 12:37 PM
 
1,661 posts, read 4,606,664 times
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Expect this to take the same road as gasoline.

When propane is $5 a gallon, and you get "some" relief, you'll almost be happy to pay $3 a gallon for what you paid $1.79 for on the previous fill.
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Old 01-31-2014, 09:36 AM
 
Location: Bella Vista, Ark
75,590 posts, read 88,318,961 times
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Luckily we have an all electric house with the exception of our propane fireplace, which we are trying to use sparingly. I would think the rates will drop in about a month or so, demand will certainly go down as winter leaves or we hope it will leave.
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