EIA: U.S. Ethanol Production Edges Higher, Stocks Rise


   
Karim Bastati
DTN Analyst

   VIENNA (DTN) -- The Energy Information Administration reported on Wednesday 
(3/25) that overall ethanol production in the United States averaged 1.116 
million bpd in the week ending March 20, up 23,000 bpd week-on-week and 53,000 
bpd, or 5% higher than in the same week last year. Four-week average output at 
1.108 million bpd was 29,000 bpd above the same four weeks last year.

   
Midwest ethanol production averaged 1.061 million bpd, up 26,000 bpd 
week-on-week and 51,000 bpd, or 5% higher than in the same week last year. 
Four-week average output at 1.054 million bpd was 27,000 bpd above the same 
four weeks last year.

   
Ethanol blending activity in the U.S. averaged 889,000 bpd, up 13,000 bpd 
week-on-week and 9,000 bpd, or 1% lower than in the same week last year. 
Four-week average blending demand at 882,000 bpd was 3,000 bpd below the same 
four weeks last year.

   
Blender inputs at the East Coast were up 2,000 bpd on the week while inputs in 
the Midwest were up 7,000 bpd, up 4,000 bpd on the Gulf Coast and down 0,000 
bpd on the West Coast.

   
Domestic ethanol inventories ended the week at 27.17 million bbl, up 763,000 
bbl week-on-week and 558,000 bbl, or 2.1% higher than in the same week last 
year.

   
East Coast PADD 1 inventories ended the week at 8.007 million bbl, up 2,000 bbl 
week-on-week and 464,000 bbl, or 6.2% higher than in the same week last year.

   
Midwest PADD 2 inventories ended the week at 11.286 million bbl, up 294,000 bbl 
week-on-week and 270,000 bbl, or 2.5% higher than in the same week last year.

   
Gulf Coast PADD 3 inventories ended the week at 4.949 million bbl, up 677,000 
bbl week-on-week and 267,000 bbl, or 5.1% lower than in the same week last year.

   
West Coast PADD 5 inventories ended the week at 2.569 million bbl, down 211,000 
bbl week-on-week and 84,000 bbl, or 3.4% higher than in the same week last year.




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