RICE STOCK

• The December 1, 2006 total rice stock was estimated at 2.58 million metric tons, up by 6.0 and 7.2 percent over its month and year ago levels, respectively.
• Household stock was assessed at 1.59 million metric tons, higher than its month and year ago levels by 12.9 and 6.8 percent, respectively. Commercial stock stood at 0.45 million metric ton, higher over its month ago level by 5.5 percent but 7.3 percent below the stock in 2005. NFA holdings, on the other hand, dropped to 0.55 million metric ton or 9.7 percent below previous month’s level, but 24.6 percent above the year ago level.
• As of the reporting period, NFA rice stock was good for 18 days supply, while those of the household and commercial sectors were good for 53 and 15 days supply, respectively. The total rice stock was enough for 86 days supply.

CORN STOCK

• The total corn stock as of December 1, 2006 was estimated at 181.3 thousand metric tons, lower by 11.7 and 20.3 percent from its month and year ago levels, respectively.
• Stock inventory from household sector dropped from its month ago record by 25.1 percent, while stock in commercial warehouses went up by 9.6 percent. Compared to last year, household and commercial sectors stocks went down by 11.9 and 27.5 percent, respectively.
• Of the total corn stock, 52 percent were with commercial warehouses while the remaining 48 percent were with households.
• NFA reported no corngrain for the period.