Rice and Corn Stocks Inventory, June 2024
RICE
A total of
Month-on-month, rice stocks inventory also dropped by
Around
Compared with the previous year’s record, rice stocks in the households declined by
Month-on-month, stocks inventories in all sectors recorded drawdowns. Household stocks fell by
Table 1. Percentage Change in the Inventory of Rice Stocks
Philippines, February 2021, January 2022 and February 2022
CORN
The total corn stocks inventory as of
Likewise, the total corn stocks inventory was
Of this month's total corn stocks inventory,
Comparison with last year's corn stocks level showed a drop of
With reference to the previous month, corn stocks inventory level in commercial warehouses/wholesalers/retailers diminished by
Table 2. Percentage Change in the Inventory of Corn Stocks
Philippines, February 2021, January 2022 and February 2022
DENNIS S. MAPA, Ph.D.
Undersecretary
National Statistician and Civil Registrar General
Technical Notes
Monthly rice and corn stocks inventory are generated from three sectors, namely: household, commercial, and government (National Food Authority). The household and commercial stocks are taken from the results of Rice and Corn Stocks Survey: Household (RCSS:H) and Rice and Corn Stocks Survey: Commercial (RCSS:C) of the Philippine Statistics Authority (PSA). The RCSS:H and RCSS:C were formerly known as Palay and Corn Stocks Survey (PCSS) and Commercial Stocks Survey (CSS), accordingly. These surveys were renamed as per PSA Board Resolution No. 02 Series of 2021 on Approving and Adopting the Modifications in the System of Designated Statistics dated 11 May 2021. The renaming of the designated statistical activity, from Palay/Rice and Corn Stocks Surveys to Rice and Corn Stocks Surveys was to provide a generic name for both household and commercial stocks surveys and differentiate the commercial stocks inventory from that in the household sector.
The RCSS:H covers sample farming households and non-farming households nationwide. Sample farming households are sub-sample of Palay Production Survey (PPS) and Corn Production Survey (CPS). In these surveys, the primary sampling units (PSUs) are the palay/corn producing barangays and secondary sampling units (SSUs) are the palay/corn farming households. The PSUs are selected using probability proportional to size sampling while the SSUs are selected through systematic random sampling. For the non-farming households, five non-farming households are selected for each barangay.
The RCSS:C employs a two-stage systematic sampling wherein the first level of stratification is the line of activity of the NFA-registered grains businessmen and the second level of stratification is the businessmen’s capitalization. The line of activity of grains businessmen are stratified into four: 1 - retailers, 2 - wholesalers, 3 - combined retailers/wholesalers, and 4 - warehousemen. The line of activity is further sub-stratified according to businessmen’ capitalization such as 1 - big, 2 - medium and 3 - small capitalization structure, while warehousemen are sub-stratified into two, that is 1 - big and 2 - combined medium and small.