Rice and Corn Situation and Outlook, October 2018

The country’s palay and corn production for July to September 2018 decreased from last year’s level by 5.70 percent and 14.83 percent, respectively. 
Based on standing crop, probable palay production for October to December 2018 may decrease from the previous year’s level. In contrast, probable corn production may exceed the level of the same period last year.

Palay

Palay production for July-September 2018 was 3.20 million metric tons. This was 5.70 percent lower than the 2017 level of 3.39 million metrics tons.  Likewise, harvest area contracted to 825 thousand hectares from previous year’s record of 853 thousand hectares. Yield declined to 3.88 metric tons per hectare or lower by 2.52 percent (Table 1.1).

o Substantial decrement in production was noted in Cagayan Valley. It accounted for 65.23 percent of the total reduction in production during the period. This was followed by CALABARZON, Ilocos Region and MIMAROPA.

o Decrement in harvest area was largest in Cagayan Valley.

Probable production for October-December 2018 based on standing crop may decline by 0.76 percent, from 7.32 million metric tons in 2017 to 7.26 million metric tons this year.  Similarly, harvestable area may decrease by 0.75 percent from previous year’s level of 1,864 million hectares (Table 1.2).

Palay production for January-December 2018 may decline to 19.17 million metric tons from the previous year’s level of 19.28 metric tons (Table 1.3).

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