RICE STOCK

• The October 1, 2006 total rice stock was estimated at 1.83 million metric tons. It surpassed last month’s and last year’s levels by 11.2 percent and 15.1 percent, respectively.
• Stocks in the household and commercial sectors posted increments over their month ago levels by 24.0 and 14.0 percent, respectively. This was attributed to the good harvests in most areas in the latter part of September. However, NFA stocks of which 97 percent were imported rice dropped by 0.8 percent.
• Compared to their 2005 records, the NFA and commercial stocks went up by 48.0 and 14.2 percent, respectively. In contrast, stocks in the household went down by 4.7 percent.
• Around 40 percent each of the current total rice stocks came from households and NFA depositories while 20.0 percent were in commercial warehouses. The total rice stock was enough for 61 days supply.

CORN STOCK

• The total corn stock as of October 1, 2006 was recorded at 373.5 thousand metric tons. The stock was higher than previous month’s level by 47.2 percent , but 13.2 percent lower than last year’s level.
• The household sector posted 57.0 and 18.7 percent stock increments over its month and year ago records. On the other hand, stocks in the commercial sector went down by 61.7 percent compared to last year’s record.
• NFA reported no corngrain stock for the period.