Rice and Corn Stocks Inventory, June 2019
- The total corn stocks inventory as of
01 June 2019was 859.77 thousandmetric tons. It grew by 45.2 percentcompared with the June 2018inventory level of 592.01 thousandmetric tons and 3.7 percenthigher than the 829.11 thousandmetric tons inventory level of the previous month (Figure 2).
- Relative to their levels from the previous year, increments were noted in the households and commercial warehouses by
71.7 percentand 43.0 percent,respectively. On the other hand, there were no corn stocks in NFA depositories during the month (Table 2).
- Stocks in the households decreased by
20.8 percentwith reference to the previous month's inventory level. In contrast, stocks in commercial warehouses increased by 7.1 percent.Still, there were no corn stocks in NFA depositories for the month (Table 2).
9.3 percentof the current stocks inventory level were contributed by the households and 90.7 percentwere from commercial warehouses.
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.