Rice and Corn Stocks Inventory, May 2019
- The country's total rice stocks inventory as of
01 May 2019was estimated at 2,947.42 thousandmetric tons. It showed an increase of 1.3 percentfrom the previous year's record of 2,909.46 thousandmetric tons. Rice stock inventory for the period was up by 12.2 percentfrom the previous month's stocks level of 2,627.69 thousandmetric 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 percentand 25.9 percent,respectively. A surge of 15,952.4 percentwas noted in NFA depositories (Table 1).
- Month-on-month, rice stocks inventory level in households and commercial warehouses grew by
7.6 percentand 28.4 percent,respectively. However, stocks in NFA depositories declined by 3.1 percent (Table 1).
42.9 percentof this month’s total rice stocks inventory were in the households, 38.1 percentwere in commercial warehouses, and 18.9 percentwere in 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.