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EIA Weekly Ethanol Report

EIA: US Ethanol Output Jumps, Stocks Down 2.1% on Year

VIENNA (DTN) -- Ethanol production in the United States averaged 1.196 million barrels per day (bpd) in the week ended Jan. 9, up 98,000 bpd week-on-week and 101,000 bpd, or 9.2% higher than in the same week last year, the Energy Information Administration reported Wednesday. Four-week average output at 1.127 million bpd was 23,000 bpd above the same four weeks last year.

Midwest ethanol production averaged 1.139 million bpd, up 98,000 bpd week-on-week and 98,000 bpd, or 9.4%, higher than in the same week last year. Four-week average output at 1.07 million bpd was 24,000 bpd above the same four weeks last year.

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Ethanol blending activity in the U.S. averaged 841,000 bpd, up 70,000 bpd week-on-week and 12,000 bpd, or 1.4%, higher than in the same week last year. Four-week average blending demand at 853,000 bpd was 6,000 bpd above the same four weeks last year.

Blender inputs at the East Coast were up 19,000 bpd on the week while inputs in the Midwest were up 26,000 bpd, up 23,000 bpd on the Gulf Coast and up 1,000 bpd on the West Coast.

Domestic ethanol inventories ended the week at 24.473 million barrels (bbl), up 821,000 bbl week-on-week and 535,000 bbl, or 2.1% lower than in the same week last year.

East Coast PADD 1 inventories ended the week at 6.821 million bbl, up 616,000 bbl week-on-week and 688,000 bbl, or 9.2%, lower than in the same week last year.

Midwest PADD 2 inventories ended the week at 10.48 million bbl, down 350,000 bbl week-on-week and 374,000 bbl, or 3.7%, higher than in the same week last year.

Gulf Coast PADD 3 inventories ended the week at 4.314 million bbl, up 423,000 bbl week-on-week and 59,000 bbl, or 1.3%, lower than in the same week last year.

West Coast PADD 5 inventories ended the week at 2.473 million bbl, up 129,000 bbl week-on-week and 129,000 bbl, or 5%, lower than in the same week last year.

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