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RICE STOCK

  • The October 1, 2003 national rice stock was 1.73 million metric tons and expected to last for 66 days supply. It surpassed its year and month ago levels by 14.8 and 22.3 percent, respectively.
  • Compared to last month, rice stocks in the households went up by 52.4% owing to good harvests in most areas during the later part of September.
  • All sectors posted positive increments over that of last year with 41.0 percent of the total increase coming from the NFA stock. Around 451 thousand metric tons (78%) of NFA stocks are imported rice.
  • Of the current total rice stock 44% come from the households, while 33.0% are with the NFA depositories and 23.0% are with the commercial sector.

Figure 1 Rice Stock as of October 1, 2003

Table 1 Rice Stock as of October 1, 2003

CORN STOCK

  • The October 1, 2003 corn stock inventory of  313.1  thousand  metric tons was 3.3 percent  higher  as compared to its month ago level, but 5.7 percent below last year’s record.
  • The commercial sector posted a 21.6 percent increment over last  year’s record. On the other hand a quick turn around in households’ stock level led to a 15.3 percent stock drawdown.
  • NFA reported no corn stock for the period.

Figure 2 Corn Stock as of October 1, 2003

Table 2 Corn Stock as of October 1, 2003

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