Rice and Corn Stocks Inventory, March 2020

As of April, 2020

Corn


  • The total corn  stocks inventory as of 01 March 2020 was recorded at 793.28 thousand metric tons. This was higher by 99.8 percent than the previous year’s record of 397.12 thousand metric tons and  by 21.2 percent than the previous month’s inventory level of 654.53 thousand metric tons. (Figure 2 and Table 2)
  • Relative to the previous year’s corn stocks inventory, stocks in households and commercial warehouses increased by 80.5 percent and 107.4 percent,  respectively. There were no corn stocks recorded in NFA depositories during the month. (Table 2)
  • Compared with their respective levels in the  previous month, corn stocks in households and commercial warehouses grew by 32.4 percent  and 17.8 percent, respectively. (Table 2)
  • Of the total corn stocks during the month, 25.6 percent were from households and 74.4 percent from commercial warehouses. (Table 2)

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 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. NFA stocks are monitored from their warehouses/depositories.