Rice and Corn Stocks Inventory, November 2017
- The total rice stocks inventory as of 01 November 2017 was
2,958.73 thousandmetric tons as shown in Figure 1. It was 10.40 percentlower compared to the November 2016 inventory level of 3,302.33 thousandmetric tons and 52.84 percentgreater than the previous month inventory level of 1,935.87 thousandmetric tons (Table 1).
- With reference to the previous year, a rise of
6.35 percentwas seen in the households' stocks inventory level. However, both stocks inventory level in commercial warehouses and NFA depositories decreased by 8.89 percentand 64.86 percent, respectively (Table 1).
- Month-to-month, increases of
66.48 percent, 39.43 percentand 20.40 percentwere observed in households' stocks inventory, commercial warehouses and in NFA depositories, respectively (Table 1).
60.29 percentof this month’s total rice stock inventory were with the households, 33.22 percentcame from commercial warehouses and 6.48 percentin NFA depositories. The latter comprised 0.95 percentof the imported rice.
- The total rice inventory for 01 November 2017 would be sufficient for
87 days.Stocks would be enough for 52 daysin the households, 29 daysin commercial warehouses, and 6 daysin NFA depositories.
Monthly rice and corn stocks inventory are generated from three sectors, namely: household, commercial, and National Food Authority (NFA). The household stocks are taken from the Palay and Corn Stocks Survey (PCSS1) of the PSA, which covers farming and non-farming households nationwide. The commercial stocks are sourced from registered grains businessmen through the Commercial Stocks Survey (CSS), conducted by the NFA, the results of which are submitted to PSA. NFA stocks are monitored from their warehouses/depositories.