Rice and Corn Stocks Inventory, August 2018

As of September, 2018

Rice


  • As of 01 August 2018, the total rice stocks inventory was estimated at 1,520.76 thousand metric tons (Figure 1). The volume of stocks was 25.01 percent below the previous year's level of 2,028.00 thousand metric tons. This was 23.61 percent lower than last month's inventory level of 1,990.82 thousand metric tons (Table 1).
  • Relative to the previous year's rice stocks inventory, a drop of 0.26 percent,42.51 percent and 6.94 percent were observed in the households, commercial warehouses and NFA depositories, respectively (Table 1).
  • Rice stocks inventory level in both households and commercial warehouses declined by 24.79 percent and 28.77 percent, respectively in comparison to their previous month's levels. On the other hand, rice stocks in NFA depositories as of 01 August 2018 was almost twice the previous month’s inventory level.
  • About half (49.08 %) of the total rice stocks inventory were from the households, 44.27 percent from commercial warehouses, and the remaining 6.65 percent were from 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 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.