Rice and Corn Stocks Inventory, February 2018
- The total corn stocks inventory level as of 01 February 2018 was 410.33 thousand metric tons (Figure 2). It was lower by 6.65 percent than the previous year's inventory level of 439.57 thousand metric tons and 56.88 percent lower compared to the previous month's inventory level of 951.60 thousand metric tons (Table 2).
- Corn stocks both in the households and NFA depositories decreased in comparison to their levels in the previous year. Stocks dropped by 51.27 percent in the households and 83.56 percent in NFA depositories. However, an increase of 17.79 percent was recorded in commercial warehouses (Table 2).
- Compared with the previous month, corn stocks inventory level in all sectors decreased. Stocks dropped by 1.16 percent in the households, 61.67 percent in commercial warehouses and 9.07 percent in NFA depositories (Table 2).
- About 18.06 percent of this month's total corn stocks inventory level were from the households, 81.84 percent from commercial warehouses and 0.10 percent were from the 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 (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.