Rice and Corn Stocks Inventory, August 2018

As of September, 2018

Corn


  • The total corn stocks inventory level as of 01 August 2018 was 1,221.91 thousand metric tons (Figure 2). This was a 75.45 percent surge in the inventory level as compared to the previous year's level of 696.46 thousand metric tons. Also, corn stocks inventory for the period was almost thrice the level in the previous month (Table 2).
  • Corn stocks inventory level in commercial warehouses grew by 89.44 percent with reference to last year's level while households stocks declined by 15.90 percent. As of August 2018, there was no corn stocks in NFA depositories (Table 2).
  • Month-on-month, corn stocks inventory level in the households increased by 16.51 percent. For commercial stocks, it was almost thrice the July 2018 inventory level (Table 2).
  • As of 01 August 2018,5.75 percent of the total corn stocks inventory were from the households and the remaining 94.25 percent were from commercial warehouses.

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 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.