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EIA Weekly Ethanol Report

US Ethanol Output Drops; Stocks Fall 2.5% on Year

HOUSTON, Texas (DTN) -- Overall ethanol production in the U.S. averaged 1.091 million barrels per day (bpd) during the week ended Nov. 14, The Energy Information Administration reported Wednesday. This was up 16,000 bpd week-on-week and 28,000 bpd, or 2.6%, lower than in the same week last year. Four-week average output at 1.097 million bpd was 15,000 bpd below the same four weeks last year.

Midwest ethanol production averaged 1.033 million bpd, up 19,000 bpd week-on-week and 15,000 bpd, or 1.5%, lower than in the same week last year. Four-week average output at 1.038 million bpd was 7,000 bpd below the same four weeks last year.

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Ethanol blending activity in the U.S. averaged 888,000 bpd, down 7,000 bpd week-on-week and 2,000 bpd, or 0.2%, lower than in the same week last year. Four-week average blending demand at 913,000 bpd was 11,000 bpd above the same four weeks last year.

Blender inputs at the East Coast were down 10,000 bpd on the week while inputs in the Midwest were down 1,000 bpd, up 1,000 bpd on the Gulf Coast and up 3,000 bpd on the West Coast.

Domestic ethanol inventories ended the week at 22.307 million barrels (bbl), up 88,000 bbl week-on-week and 562,000 bbl, or 2.5%, lower than in the same week last year.

East Coast PADD 1 inventories ended the week at 6.831 million bbl, up 189,000 bbl week-on-week and 309,000 bbl, or 4.5%, lower than in the same week last year.

Midwest PADD 2 inventories ended the week at 8.841 million bbl, down 134,000 bbl week-on-week and 96,000 bbl, or 1.1%, lower than in the same week last year.

Gulf Coast PADD 3 inventories ended the week at 3.799 million bbl, down 83,000 bbl week-on-week and 375,000 bbl, or 9.9%, lower than in the same week last year.

West Coast PADD 5 inventories ended the week at 2.469 million bbl, up 108,000 bbl week-on-week and 241,000 bbl, or 9.8%, higher than in the same week last year.

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