RICE STOCK

• The April 1, 2009 total rice stock inventory was estimated at 2.48 million metric tons. This was 14.3 percent higher than previous month’s record and 31.1 percent more than last year’s level.
• Comparative estimates with those of last month showed significant increases in all the sectors’ inventories. Household stocks went up by 17.0 percent and commercial sectors’ holdings were higher by 8.1 percent. The volume of stocks in NFA depositories of which 60 percent were imported rice was also higher by 13.8 percent.
• Compared to last year’s records, stocks in the households, commercial warehouses and NFA depositories increased by 0.9 percent, 13.4 percent and 133.6 percent, respectively.
• As of the reporting period, rice stocks at NFA would be good for 27 days, while those in commercial sector would be good for 11 days. Household stocks would last for 33 days. The total volume of rice stocks would be enough for 71 days.

Table 1. Rice Stock Inventory: Household, Commercial and NFA

CORN STOCK

• The April 1, 2009 total corn stock inventory of 225.9 thousand metric tons was 62.3 percent higher than last month’s level but 13.2 percent below that of same period last year.
• Compared to last month’s inventory, household stocks registered an increment of 65.9 percent while commercial stocks grew by 59.2 percent. Relative to last year’s inventory report, stocks in the households declined by 24.9 percent but those in commercial warehouses were higher by 0.8 percent.
• Around 48.0 percent of the current corn stocks were with the households while 52.0 percent were with the commercial warehouses. NFA did not have any corn stocks during the inventory period.

Table 2. Corn Stock Inventory: Household, Commercial and NFA