OAKHURST, N.J. (DTN) -- Domestic ethanol inventories again decreased last week as output eroded further, falling below the 1 million barrel-per-day (bpd) mark for the first time in 13 weeks, according to Energy Information Administration data released Wednesday, Aug. 11, show.
Domestic ethanol plant production fell a fifth consecutive week, dropping 27,000 bpd or 2.7% to 986,000 bpd, the lowest level since the first week of May. Four-week average output was at 1.010 million bpd, down 14,000 bpd from the four-week average the prior week.
EIA reported PADD 2 ethanol plant production continued lower a fifth week, down 27,000 bpd to 932,000 bpd as of Aug. 6, a 14-week low.
Total ethanol inventories fell 373,000 barrels (bbl) to 22.276 million bbl last week, 13.2% more than the same time in 2020.
East Coast PADD 1 ethanol inventories held lower, down 157,000 bbl to 6.852 million bbl while Midwest PADD 2 stocks dropped 307,000 bbl to 8.191 million bbl.
West Coast PADD 5 supply added 78,000 bbl to 3.036 million bbl and at the Gulf Coast PADD 3, stocks were flat at 3.815 million bbl.
Blending activity eased 2,000 bpd to 932,000 bpd, which was 8% above the same time in 2021. Blending activity during the four weeks ended Aug. 6 averaged 925,000 bpd, 4,000 bpd more than prior four-week period.
Midwest PADD 2 blending rose 4,000 bpd in the period profiled, while at the Gulf Coast, demand held steady. For the four weeks ended Aug. 6, EIA reports PADD 2 blending activity was at 254,000 bpd while PADD 3 activity was 150,000 bpd.
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