Rice and Corn Stocks Inventory, September 2020
- As of
01 September 2020,the total corn stocks inventory was estimated at 797.37 thousandmetric tons. This was higher by 3.7 percentthan the previous year's inventory of 768.66 thousandmetric tons. Likewise, this was higher by 8.9 percentthan the previous month's inventory level of 732.18 thousandmetric tons. (Figure 2 and Table 2)
- Relative to the previous year’s levels, corn stocks inventory in the household increased by
43.0 percent,whereas stocks in commercial warehouses decreased by 11.4 percent.
- Against the previous month's records, corn stocks in the household grew by
216.2 percent,while stocks in the commercial warehouses dropped by 22.6 percent.
- Of the total corn stocks,
38.3 percentcame from households and 61.7 percentwere from commercial warehouses. (Table 2)
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. The NFA stocks are monitored from their warehouses/depositories.
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