Rice and Corn Stocks Inventory, May 2019

As of June, 2019

Rice


  • The country's total rice stocks inventory as of 01 May 2019 was estimated at 2,947.42 thousand metric tons. It showed an increase of 1.3 percent from the previous year's record of 2,909.46 thousand metric tons. Rice stock inventory for the period was up by 12.2 percent from the previous month's stocks level of 2,627.69 thousand metric tons (Figure 1).
  • In comparison to the previous year’s rice stocks inventory level, both stocks in households and commercial warehouses displayed a decrease of 9.0 percent and 25.9 percent, respectively. A surge of 15,952.4 percent was noted in NFA depositories (Table 1).
  • Month-on-month, rice stocks inventory level in households and commercial warehouses grew by 7.6 percent and 28.4 percent, respectively. However, stocks in NFA depositories declined by 3.1 percent (Table 1).
  • About 42.9 percent of this month’s total rice stocks inventory were in the households, 38.1 percent were in commercial warehouses, and 18.9 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.