Rice and Corn Stocks Inventory, August 2018
- The total corn stocks inventory level as of
01 August 2018was 1,221.91 thousandmetric tons (Figure 2).This was a 75.45 percentsurge in the inventory level as compared to the previous year's level of 696.46 thousandmetric 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 percentwith 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 2018inventory level (Table 2).
- As of
01 August 2018, 5.75 percentof the total corn stocks inventory were from the households and the remaining 94.25 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 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.