Rice Stock

• Total rice stock as of February 1, 2003 was estimated at 2.27 million metric tons, around 337 thousand m.t. (12.9%) lower from last year same period stock volume. It is however, 14.1 percent higher than the preceding month’s level of 1.99 million metric tons.
• Compared to last year stock position, all sectors (household, commercial and NFA) holdings dropped by 16, 11 and 10 percent, respectively.
• The current stock level as compared to last month, posted  higher levels as holdings in the households, commercial and NFA depositories were beefed up 7, 15 and 23 percent, respectively.
• Around 43 percent of the total current rice stock inventory are with the households, while around 22 percent, and 35 percent are with the commercial and NFA warehouses.
• The government stock as of February 1 was good for 30 days supply. Around 77 percent of the total volume are imported rice.

Corn Stock

• The latest national corn stock inventory was placed at 231 thousand metric tons, lower than the preceding month by almost one percent but significantly higher (46%) from last year’s level.
• The commercial sector posted a 55 percent increment in stock holdings  over  last year’s volume. A drop of 9 percent was recorded over last month’s level.
• Stock holdings in the household went up by 13 and 37 percent as from last month and last year’s level, respectively.
• NFA still has no stock reported in both periods.