Rice and Corn Stocks Inventory, February 2018
- As of
01 February 2018, the total rice stocks inventory was 1,795.78 thousandmetric tons (Figure 1). It decreased by 21.80 percentcompared to the February 2017inventory level of 2,296.32 thousandmetric tons. Similarly, a decline of 21.57 percentwas observed from the previous month's level of 2,289.65 thousandmetric tons (Table 1).
- Year-on-year, rice stocks inventory level dropped in the households, commercial warehouses and NFA depositories by
5.00 percent, 5.74 percentand 86.80 percent, respectively (Table 1).
- With reference to the previous month's rice stocks inventory level, a decrease of
17.93 percentwas observed in the households, 24.58 percentin commercial warehouses and 42.54 percentin NFA depositories (Table 1).
- Of this month's total rice stocks inventory, about
60.58 percentwere from the households, 36.00 percentfrom commercial warehouses, and 3.42 percentfrom NFA depositories. The latter comprised 87.95 percentof the imported rice.
- The total rice inventory for this month would be sufficient for
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.