EIA: US Ethanol Output Higher
VIENNA (DTN) -- Ethanol production in the United States averaged 1.071 million barrels per day (bpd), up 76,000 bpd week-on-week and 33,000 bpd, or 3.1% higher than in the same week last year, the Energy Information Administration reported on Wednesday. Four-week average output at 1.036 million bpd was 12,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.025 million bpd, up 85,000 bpd week-on-week and 46,000 bpd, or 4.5% higher than in the same week last year. Four-week average output at 981,000 bpd was 16,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 892,000 bpd, down 13,000 bpd week-on-week and 20,000 bpd, or 2.2% lower than in the same week last year. Four-week average blending demand at 905,000 bpd was 2,000 bpd below the same four weeks last year.
Blender inputs at the East Coast were down 1,000 bpd on the week while inputs in the Midwest were down 4,000 bpd, down 6,000 bpd on the Gulf Coast and down 1,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 22.72 million bbl, down 44,000 bbl week-on-week and 566,000 bbl, or 2.5% higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.601 million bbl, down 179,000 bbl week-on-week and 443,000 bbl, or 6.7% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.135 million bbl, down 17,000 bbl week-on-week and 141,000 bbl, or 1.5% higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 3.903 million bbl, down 138,000 bbl week-on-week and 305,000 bbl, or 7.8% higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.721 million bbl, up 308,000 bbl week-on-week and 562,000 bbl, or 20.7% higher than in the same week last year.
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