Rice and Corn Stock Inventory, May 2018
- As of
01 May 2018, the total corn stocks inventory level was estimated at 338.31 thousand metric tons (Figure 2). In comparison with last year's level of 1,556.54 thousand metric tons and previous month's level of 369.34 thousand metric tons, both records showed a drop of 78.27 percent and 8.40 percent, respectively (Table 2).
- All sectors' level of stocks dropped in comparison to last year’s record. About
43.09 percent decrease was observed in the households, 80.67 percent in commercial warehouses, and 100.00 percent in NFA depositories (Table 2).
- Over last month, stocks level in commercial warehouses was greater by
9.50 percent. However, both volume of stocks in households and NFA depositories was below this month's level by 48.56 percent and 100.00 percent, respectively (Table 2).
- The households contributed around
17.31 percent of this month’s total corn stocks inventory level and 82.69 percent were from commercial warehouses.
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 (PCSS) 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.