Rice and Corn Stocks Inventory, February 2020

As of March, 2020

Rice


  • About 2,375.50 thousand metric tons of rice stocks inventory was recorded as of 01 February 2020. It was 10.9 percent higher compared with the previous year's record of 2,141.24 thousand metric tons. Moreover, rice stocks inventory in 01 February 2020 was 11.2 percent lower than the previous month's stocks inventory level of 2,675.04 thousand metric tons. (Figure 1 and Table 1)
  • Relative to their previous year's level, stocks in the households, commercial warehouses and NFA depositories increased by 1.3 percent,3.7 percent and 64.2 percent, respectively. (Table 1)
  • Compared with their previous month's record, stocks inventory in all sectors dropped during the period. Stocks in the households, commercial warehouses and NFA depositories were lower by 12.7 percent,11.6 percent and 6.9 percent, respectively. (Table 1)
  • Of this month’s total rice stocks inventory, 44.0 percent  were from households, 35.4 percent from commercial warehouses and 20.6 percent from NFA depositories. (Table 1)

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 Philippine Statistics Authority (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 NFA, the results of which are submitted to PSA. NFA stocks are monitored from their warehouses/depositories.