EIA Weekly Ethanol Report
EIA: US Ethanol Stocks Rise, Up 12% on Year
VIENNA (DTN) -- Ethanol production in the United States averaged 1.094 million barrels per day (bpd) in the week ended Oct. 16, the Energy Information Administration reported on Wednesday. That's up 29,000 bpd week-on-week and 18,000 bpd, or 1.6%, lower than in the same week last year. Four-week average output at 1.055 million bpd was 8,000 bpd below the same four weeks last year.
Midwest ethanol production averaged 1.033 million bpd, up 23,000 bpd week-on-week and 18,000 bpd, or 1.7%, lower than in the same week last year. Four-week average output at 1 million bpd was 10,000 bpd below the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 891,000 bpd, down 8,000 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 900,000 bpd was 6,000 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 5,000 bpd, down 1,000 bpd on the Gulf Coast and unchanged on the West Coast.
Domestic ethanol inventories ended the week at 24.558 million bbl, up 616,000 bbl week-on-week and 2.639 million bbl, or 12%, higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.101 million bbl, down 138,000 bbl week-on-week and 718,000 bbl, or 11.2%, higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.652 million bbl, up 456,000 bbl week-on-week and 838,000 bbl, or 9.5%, higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 5.209 million bbl, up 193,000 bbl week-on-week and 1.271 million bbl, or 32.3%, higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.259 million bbl, up 100,000 bbl week-on-week and 157,000 bbl, or 6.5%, lower than in the same week last year.
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