Rice and Corn Stocks Inventory, September 2019
- The total rice stocks inventory as of 01 September 2019 was 1,842.37 thousand metric tons (Figure 1). This was 57.9 percent higher than the 1,167.03 thousand metric tons level in September 2018 and 13.7 percent lower than the previous month's inventory level of 2,133.84 thousand metric tons (Table 1).
- Rice stocks were higher in all sectors in comparison to previous year's levels. Stocks in the households and commercial warehouses increased by 10.3 percent and 70.5 percent, respectively. Stocks in NFA depositories continued to show a significant increase of 268.6 percent (Table 1).
- Month-on-month, rice stocks inventory level in all sectors decreased. Stocks in the households, commercial warehouses and NFA depositories were lower by 15.1 percent, 13.7 percent and 11.2 percent, respectively (Table 1).
- About 36.5 percent of the total rice stocks inventory were with the households, 41.2 percent in commercial warehouses, and 22.2 percent in NFA depositories.
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.