MARKETS NEWS
Jerry Gulke DTN Columnist
Mon Nov 4, 2013 11:06 AM CST

Outside markets often have an influence over commodity prices. Currently, propane supply problems are a serious issue in the Northern Plains. Drying costs for corn are said to be 8 cents per bushel per point. Spiraling propane prices are translating into higher costs for commercials and farmers, which could result in sales of corn to be under $3/bu net. Many in this area are storing unsold corn and it is the focus of most corn producers, but particularly so for those with low yields who are in line for an insurance payment. For the most part, the marketplace is not ...

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