Rice and Corn Stocks Inventory, January 2020

As of February, 2020

Rice


  • A total of 2,675.04 thousand metric tons of rice stocks inventory was recorded as of 01 January 2020. This was higher by 4.9 percent compared with previous year's level of 2,550.70 thousand metric tons. However, a decrease of 13.7 percent was noted in comparison to last month's level of 3,098.02 thousand metric tons. (Figure 1 and Table 1)
  • Compared with the previous year’s record, rice stocks in the households and commercial warehouses displayed a decrease of 3.9 percent and 21.0 percent, respectively. Stocks in NFA depositories rose by 436.1 percent from its previous year’s level. (Table 1)
  • Rice stocks inventory in the households and commercial warehouses declined by 25.5 percent and 5.8 percent, respectively from their previous month’s levels. However, an increase of 9.2 percent was noted in NFA depositories. (Table 1)
  • Of this month’s rice stocks, around 44.8 percent were from the households, 35.6 percent from commercial warehouses, and 19.6 percent from NFA depositories. (Table 1)

Stock Inventory:

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 results of Palay and Corn Stocks Survey (PCSS) of the Philippine Statistics Authority (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 NFA, the results of which are submitted to PSA. NFA stocks are monitored from their warehouses/depositories.