EIA: US Ethanol Output Up 1.3%, Stocks Dip Y-o-Y

EIA: US Ethanol Output Up 1%, Stocks Di

VIENNA (DTN) — The Energy Information Administration reported on Wednesday that overall ethanol production in the United States averaged 1.075 million bpd, up 5,000 bpd week-on-week and 14,000 bpd, or 1.3% higher than in the same week last year. Four-week average output at 1.097 million bpd was 21,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.021 million bpd, up 4,000 bpd week-on-week and 19,000 bpd, or 1.9% higher than in the same week last year. Four-week average output at 1.038 million bpd was 21,000 bpd above the same four weeks last year.
Ethanol blending activity in the U.S. averaged 915,000 bpd, down 17,000 bpd week-on-week and 18,000 bpd, or 2% lower than in the same week last year. Four-week average blending demand at 913,000 bpd was 14,000 bpd below the same four weeks last year.
Blender inputs at the East Coast were down 7,000 bpd on the week while inputs in the Midwest were down 4,000 bpd, down 2,000 bpd on the Gulf Coast and down 2,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 22.564 million bbl, up 15,000 bbl week-on-week and 790,000 bbl, or 3.5% lower than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.798 million bbl, down 36,000 bbl week-on-week and 137,000 bbl, or 2% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.092 million bbl, up 98,000 bbl week-on-week and 684,000 bbl, or 7.5% lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 3.953 million bbl, down 65,000 bbl week-on-week and 101,000 bbl, or 2.6% lower than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.377 million bbl, up 5,000 bbl week-on-week and 159,000 bbl, or 6.7% higher than in the same week last year.