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EIA Weekly Ethanol Report

EIA: Ethanol Output Sets Seasonal Record, Up 3.8% on Year

VIENNA (DTN) -- Ethanol production in the United States averaged 1.117 million barrels per day (bpd) in the week ended June 26, the Energy Information Administration reported Wednesday. That's up 27,000 bpd week-on-week and 41,000 bpd, or 3.8%, higher than in the same week last year.

Nationwide production was the seasonally highest on record, up 5.2% from the five-year average. Four-week average output at 1.104 million bpd was 7,000 bpd above the same four weeks last year.

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Midwest ethanol production averaged 1.053 million bpd, up 16,000 bpd week-on-week and 37,000 bpd, or 3.6%, higher than in the same week last year. Four-week average output at 1.045 million bpd was 7,000 bpd above the same four weeks last year.

Ethanol blending activity in the U.S. averaged 921,000 bpd, down 2,000 bpd week-on-week and 4,000 bpd, or 0.4%, lower than in the same week last year. Four-week average blending demand at 918,000 bpd was 5,000 bpd above the same four weeks last year.

Blender inputs at the East Coast were down 6,000 bpd on the week while inputs in the Midwest were down 2,000 bpd, up 5,000 bpd on the Gulf Coast and unchanged on the West Coast.

Domestic ethanol inventories ended the week at 24.69 million bbl, up 105,000 bbl week-on-week and 573,000 bbl, or 2.4%, higher than in the same week last year.

East Coast PADD 1 inventories ended the week at 6.649 million bbl, down 53,000 bbl week-on-week and 927,000 bbl, or 12.2%, lower than in the same week last year.

Midwest PADD 2 inventories ended the week at 10.424 million bbl, up 166,000 bbl week-on-week and 786,000 bbl, or 8.2%, higher than in the same week last year.

Gulf Coast PADD 3 inventories ended the week at 4.956 million bbl, down 197,000 bbl week-on-week and 736,000 bbl, or 17.4%, higher than in the same week last year.

West Coast PADD 5 inventories ended the week at 2.325 million bbl, up 204,000 bbl week-on-week and 49,000 bbl, or 2.1%, lower than in the same week last year.

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