EIA: US Ethanol Output Up 2.3%, Stocks Dip Y-o-Y

VIENNA (DTN) — The Energy Information Administration reported on Wednesday that overall ethanol production in the United States averaged 1.105 million bpd, up 30,000 bpd week-on-week and 25,000 bpd, or 2.3% higher than in the same week last year. Four-week average output at 1.097 million bpd was 19,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.047 million bpd, up 26,000 bpd week-on-week and 28,000 bpd, or 2.7% higher than in the same week last year. Four-week average output at 1.038 million bpd was 20,000 bpd above the same four weeks last year.
Ethanol blending activity in the U.S. averaged 880,000 bpd, down 35,000 bpd week-on-week and 12,000 bpd, or 1.4% lower than in the same week last year. Four-week average blendind demand at 913,000 bpd was 4,000 bpd below the same four weeks last year.
Blender inputs at the East Coast were down 12,000 bpd on the week while inputs in the Midwest were down 12,000 bpd, down 11,000 bpd on the Gulf Coast and down 1,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 22.837 million bbl, up 273,000 bbl week-on-week and 877,000 bbl, or 3.8% lower than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.702 million bbl, down 96,000 bbl week-on-week and 581,000 bbl, or 8.7% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.707 million bbl, up 615,000 bbl week-on-week and 220,000 bbl, or 2.3% lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 3.609 million bbl, down 344,000 bbl week-on-week and 354,000 bbl, or 9.8% lower than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.461 million bbl, up 84,000 bbl week-on-week and 315,000 bbl, or 12.8% higher than in the same week last year.