Rice and Corn Stocks Inventory

As of January, 2019

Rice


• As of 01 December 2018, the total rice stocks inventory was 2,718.48 thousand metric tons (Figure 1). This was lower by 9.49 percent compared to last month’s inventory level of 3,003.37 thousand metric tons. Comparably, a decrease of 4.59 percent was recorded in previous year’s inventory of 2,849.37 thousand metric tons (Table 1).

• Year-on-year, rice stocks in the households and in NFA depositories dropped by 6.68 percent and 34.79 percent, respectively. Nonetheless, an increment of 3.12 percent was observed in the commercial warehouses (Table 1).

• Over the last month, stocks inventory in all sectors displayed a decline of 1.93 percent in the households, 18.65 percent in commercial warehouses and 4.87 percent in NFA depositories (Table 1).

• Of the total stocks inventory, more than half (56.18%) were in the households, 40.07 percent were in commercial warehouses and 3.76 percent were in NFA depositories.

Stock Inventory:

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 results of 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). The CSS is conducted by the NFA, the results of which are submitted to PSA. NFA stocks are monitored from their warehouses/depositories.