EIA: US Ethanol Output, Supply Up on Week, Blending Down
3/27 9:53 AM
EIA: US Ethanol Output, Supply Up on Week, Blending Down OAKHURST, N.J. (DTN) -- Overall ethanol production in the United States averaged 1.054 million bpd through March 22, the Energy Information Administration reports, up 8,000 bpd week-on-week and 51,000 bpd, or 4.8% higher than in the same week last year. Four-week average output at 1.045 million bpd was 39,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.007 million bpd, up 12,000 bpd week-on-week and 51,000 bpd, or 5.1% higher than in the same week last year. Four-week average output at 996,000 bpd was 36,000 bpd above the same four weeks last year. Ethanol blending activity in the U.S. averaged 861,000 bpd, down 24,000 bpd week-on-week and 27,000 bpd, or 3.1% lower than in the same week last year. Four-week average output at 875,000 bpd was 4,000 bpd below the same four weeks last year. Blender inputs at the East Coast were down 5,000 bpd in the week while inputs in the Midwest were down 12,000 bpd, down 6,000 bpd on the Gulf Coast and down 1,000 bpd on the West Coast. Domestic ethanol inventories ended the week at 26.092 million bbl, up 83,000 bbl week-on-week and 565,000 bbl, or 2.2% higher than in the same week last year. East Coast PADD 1 inventories ended the week at 8.506 million bbl, down 398,000 bbl week-on-week and 189,000 bbl, or 2.2% higher than in the same week last year. Midwest PADD 2 inventories ended the week at 10.733 million bbl, up 351,000 bbl week-on-week and 407,000 bbl, or 3.8% higher than in the same week last year. Gulf Coast PADD 3 inventories ended the week at 4.134 million bbl, down 69,000 bbl week-on-week and 28,000 bbl, or 0.7% lower than in the same week last year. West Coast PADD 5 inventories ended the week at 2.328 million bbl, up 193,000 bbl week-on-week and 19,000 bbl, or 0.8% lower than in the same week last year. (c) Copyright 2024 DTN, LLC. All rights reserved.