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EIA Weekly Ethanol Report

EIA: US Ethanol Production Dips; Stocks 8.9% Down on Year

HOUSTON (DTN) -- Ethanol production in the United States averaged 956,000 barrels per day (bpd) in the week ended Jan. 30, down 158,000 bpd week-on-week and 151,000 bpd, or 13.6%, lower than in the same week last year, the Energy Information Administration reported Wednesday. Four-week average output at 1.119 million bpd was 26,000 bpd above the same four weeks last year.

Midwest ethanol production averaged 902,000 bpd, down 153,000 bpd week-on-week and 143,000 bpd, or 13.7%, lower than in the same week last year. Four-week average output at 1.062 million bpd was 31,000 bpd above the same four weeks last year.

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Ethanol blending activity in the U.S. averaged 791,000 bpd, down 92,000 bpd week-on-week and 129,000 bpd, or 14%, lower than in the same week last year. Four-week average blending demand at 875,000 bpd was 12,000 bpd below the same four weeks last year.

Blender inputs at the East Coast were down 25,000 bpd on the week while inputs in the Midwest were down 34,000 bpd, down 32,000 bpd on the Gulf Coast and down 1,000 bpd on the West Coast.

Domestic ethanol inventories ended the week at 25.136 million bbl, down 264,000 bbl week-on-week and 2.062 million bbl, or 8.9%, higher than in the same week last year.

East Coast PADD 1 inventories ended the week at 6.92 million bbl, down 256,000 bbl week-on-week and 149,000 bbl, or 2.2%, higher than in the same week last year.

Midwest PADD 2 inventories ended the week at 10.844 million bbl, down 15,000 bbl week-on-week and 1.745 million bbl, or 19.2%, higher than in the same week last year.

Gulf Coast PADD 3 inventories ended the week at 4.245 million bbl, down 339,000 bbl week-on-week and 55,000 bbl, or 1.3%, lower than in the same week last year.

West Coast PADD 5 inventories ended the week at 2.743 million bbl, up 342,000 bbl week-on-week and 219,000 bbl, or 8.7%, higher than in the same week last year.

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