EIA: US Ethanol Output Higher
VIENNA (DTN) -- Overall ethanol production in the United States averaged 1.074 million barrels per day (bpd), up 3,000 bpd week-on-week and 32,000 bpd, or 3%, higher than in the same week last year. Four-week average output at 1.041 million bpd was 19,000 bpd above the same four weeks last year. The Energy Information Administration released their weekly report Thursday due to Monday's holiday.
Four-week average output at 1.041 million bpd was 19,000 bpd above the same four weeks last year.
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Midwest ethanol production averaged 1.024 million bpd, down 1,000 bpd week-on-week and 39,000 bpd, or 3.8%, higher than in the same week last year. Four-week average output at 988,000 bpd was 24,000 bpd above the same four weeks last year.
Ethanol blending activity in the U.S. averaged 915,000 bpd, up 23,000 bpd week-on-week and 3,000 bpd, or 0.3%, higher than in the same week last year. Four-week average blending demand at 903,000 bpd was 5,000 bpd below the same four weeks last year.
Blender inputs at the East Coast were up 4,000 bpd on the week while inputs in the Midwest were up 11,000 bpd, up 8,000 bpd on the Gulf Coast and down 1,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 22.628 million bbl, down 92,000 bbl week-on-week and 353,000 bbl, or 1.6%, higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.86 million bbl, up 259,000 bbl week-on-week and 108,000 bbl, or 1.6%, higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.041 million bbl, down 94,000 bbl week-on-week and 98,000 bbl, or 1.1%, lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 3.848 million bbl, down 55,000 bbl week-on-week and 104,000 bbl, or 2.7%, lower than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.51 million bbl, down 211,000 bbl week-on-week and 419,000 bbl, or 16.7%, higher than in the same week last year.
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