Rice and Corn Stocks Inventory, July 2019

As of August, 2019


• The total rice stocks inventory as of 01 July 2019 was 2,625.25 thousandmetric tons. The level of stocks  surpassed the previous year's level of 1,990.82 thousand metric tons by 31.9 percent. Rice stocks inventory was also up by 1.0 percent from the previous month's level of 2,598.34 thousand metric tons (Table 1).

• Relative to the previous year’s level, increases were notable  in all sectors. Stocks in the households and commercial warehouses were up  by 1.6 percent and 16.4 percent, respectively. Likewise, stocks in NFA depositories exhibited a significant increase of 869.8 percent (Table 1).

• Compared with the previous month,  stocks in the households and NFA depositories were down by 3.9 percent and 6.2 percent, respectively. However, stocks in commercial warehouses increased by 10.2 percent (Table 1).

• Of this month’s total rice stocks, 38.4 percentwere in the households, 41.9 percent were in commercial warehouses, and 19.7 percent 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.