Rice and Corn Stocks Inventory, October 2019
- As of 01
October 2019,total rice stocks stood at 2,279.73 thousandmetric tons (Figure 1). This was higher by 43.4 percentthan the previous year’s record of 1,589.89 thousandmetric tons and by 23.7 percentthan the preceding month's inventory level of 1,842.37 thousandmetric tons (Table 1).
- Rice stocks in all sectors grew compared with their levels in the previous year. Stocks in the households and commercial warehouses increased by
22.5 percentand 38.2 percent,respectively. Likewise, continuous upsurge was recorded in NFA depositories at 207.3 percent (Table 1).
- Compared with previous month’s inventory level, rice stocks in households and commercial warehouses increased by
56.4 percentand 9.6 percent,respectively. However, a 3.6 percentdecrease was noted in NFA depositories (Table 1).
- Of this month’s rice stocks inventory,
46.2 percentwere in the households, 36.5 percentwere in commercial warehouses, and 17.3 percentin 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 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.