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Tag Archives: Supply

PROPANE GLUT

Estimated weekly exports for propane reached a record high of 538,000 barrels/day for the week ending December 19th according to the EIA. Prices around the world have fallen with U.S. prices as inventories remain high, GROWMARK Energy reports. Days of propane supply in the U.S. are double compared to last year at this time.

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PROPANE OUTLOOK

Propane supplies may struggle to keep up with this year’s expected demand for the gas in rural areas as likely record grain production presages a long crop-drying season, Reuters reports. Our friends at GROWMARK Energy are urging farmers to fill up your tanks now.  

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WASDE PREVIEW

U.S. soybean inventories before the 2015 harvest will more than double from this year, while corn reserves rise, according to a survey of as many as 31 analysts and trading firms by Bloomberg News. Wheat reserves may decline.  USDA will update its supply-demand report Friday morning.  

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