EIA: US Ethanol Output Lower
VIENNA (DTN) -- Ethanol production in the United States averaged 1.024 million barrels per day (bpd), down 31,000 bpd week-on-week and 30,000 bpd, or 2.9%, higher than last year, the Energy Information Administration reported Wednesday. Four-week average output at 1.097 million bpd was 51,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 964,000 bpd, down 33,000 bpd week-on-week and 32,000 bpd, or 3.3%, higher than in the same week last year. Four-week average output at 1.038 million bpd was 53,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 900,000 bpd, down 22,000 bpd week-on-week and in line with the same week last year. Four-week average blending demand at 913,000 bpd was 5,000 bpd above the same four weeks last year. Blender inputs at the East Coast were up 2,000 bpd on the week while inputs in the Midwest were up 6,000 bpd, up 1,000 bpd on the Gulf Coast and down 30,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 23.468 million bbl, up 866,000 bbl week-on-week and 56,000 bbl, or 0.2%, lower than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.06 million bbl, up 206,000 bbl week-on-week and 259,000 bbl, or 3.7%, lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.433 million bbl, up 92,000 bbl week-on-week and 299,000 bbl, or 3.2%, lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 3.937 million bbl, up 433,000 bbl week-on-week and 84,000 bbl, or 2.1%, higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.656 million bbl, up 125,000 bbl week-on-week and 436,000 bbl, or 16.4%, higher than in the same week last year.
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