EIA: U.S. Ethanol Production, Inventories Slip on Week


   
Karim Bastati
DTN Analyst

   VIENNA (DTN) -- The Energy Information Administration reported on Wednesday 
(4/29) that overall ethanol production in the United States averaged 1.009 
million bpd in the week ending April 24, down 31,000 bpd week-on-week and 
31,000 bpd, or 3% lower than in the same week last year. Four-week average 
output at 1.071 million bpd was 44,000 bpd above the same four weeks last year.

   
Midwest ethanol production averaged 957,000 bpd, down 22,000 bpd week-on-week 
and 23,000 bpd, or 2.3% lower than in the same week last year. Four-week 
average output at 1.017 million bpd was 48,000 bpd above the same four weeks 
last year.

   
Ethanol blending activity in the U.S. averaged 917,000 bpd, down 4,000 bpd 
week-on-week and 9,000 bpd, or 1% higher than in the same week last year. 
Four-week average blending demand at 902,000 bpd was in line with year-ago 
levels. Blender inputs at the East Coast were down 7,000 bpd on the week while 
inputs in the Midwest were up 4,000 bpd, down 4,000 bpd on the Gulf Coast and 
up 3,000 bpd on the West Coast.

   
Domestic ethanol inventories ended the week at 25.881 million bbl, down 1.067 
million bbl week-on-week and 492,000 bbl, or 1.9% higher than in the same week 
last year.

   
East Coast PADD 1 inventories ended the week at 7.902 million bbl, down 284,000 
bbl week-on-week and 495,000 bbl, or 6.7% higher than in the same week last 
year.

   
Midwest PADD 2 inventories ended the week at 10.02 million bbl, down 366,000 
bbl week-on-week and 665,000 bbl, or 6.2% lower than in the same week last year.

   
Gulf Coast PADD 3 inventories ended the week at 5.25 million bbl, down 263,000 
bbl week-on-week and 789,000 bbl, or 17.7% higher than in the same week last 
year.

   
West Coast PADD 5 inventories ended the week at 2.351 million bbl, down 141,000 
bbl week-on-week and 194,000 bbl, or 7.6% lower than in the same week last year.




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