Rice and Corn Stocks Inventory, March 2019
- The total rice inventory as of
01 March 2019was 2,221.42 thousandmetric tons. This was 30.87 percenthigher than the 1,697.37 thousandmetric tons level in March 2018.Similarly, the stock inventory for this month was 3.75 percentabove the previous month’s level of 2,141.23 thousandmetric tons (Table 1).
- Compared with the previous year’s level, rice stocks in the households declined by
6.08 percent.On the other hand, stocks in commercial warehouses increased by 25.75 percent.Substantial increment of 1,030.17 percentin NFA depositories was noted (Table 1).
- Month-on-month, the current stocks in the households and in NFA depositories increased by
0.12 percentand 65.29 percent,respectively. In contrast, stocks in commercial warehouses dropped by 14.22 percent (Table 1).
46.53 percentof this month’s total rice stock inventory were in the households, 31.32 percentwere in commercial warehouses, and 22.15 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 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.