Rice Stock

• The country’s total rice stock inventory as of June 1, 2003 was 2.11 million metric tons, equivalent to an 80-day supply. It was lower than its month ago level by 12.5 percent, but 17.7 percent higher than the level during the same month last year.
• Compared to previous month’s level the households and commercial sectors holdings dropped by 29.5 percent and 6.3 percent respectively. On the other hand that of NFA increased by 13.5 percent.
• On a year-on-year comparison the  NFA holdings rose by  59.0 percent  with inflows from domestic procurement and imports. Imported rice accounted for 69.0 percent of NFA total stock inventory. The commercial sector stock position also went up by 9.7 percent, while those in the households dropped very slightly (0.5%).
• As of the reporting period NFA total rice stock was good for 28 days supply, while households and commercial warehouses were good for 32 and 20 day supply, respectively.

Corn Stock

• The June 1, 2003 total corn stock inventory stood at 184.0 thousand metric tons, 19.2 percent lower than last month but significantly above that of last year by 26.8 percent.
• NFA still had no corn stock during the period. The current stock level in the households and commercial warehouses are significantly lower compared to that of previous month. In contrast, both sectors posted hefty gains over that of last year, same month.
• Around 38 percent of the current corn stocks are with the households and 62 percent are with the commercial warehouses.