Rice and Corn Stock Inventory
- As of February 1, 2017, the total rice stock inventory was 2.30 million metric tons (Figure 1). This was 21.97 percent lower than the 2.94 million metric tons level in February 2016 and 16.95 percent below the previous month’s inventory level of 2.77 million metric tons (Table 1).
- Year-on-year, rice stocks in the households increased by 13.98 percent. However, stocks in commercial warehouses and in NFA depositories decreased by 27.21 percent and 53.28 percent, respectively (Table 1).
- This month’s rice stocks in all sectors dropped compared with their levels the previous month. Stocks in the households decreased by 9.81 percent, in commercial warehouses by 27.65 percent, and in NFA depositories by 15.01 percent (Table 1).
- Of this month’s total rice stock inventory, 49.87 percent were with the households, 29.87 percent were in commercial warehouses, and 20.26 percent were in NFA depositories. The latter comprised 78.55 percent of imported rice.
- The total rice inventory for this month would be adequate for 68 days. Stocks in the households would be good for 34 days, those in commercial warehouses for 20 days, and those in NFA depositories for 14 days.
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 Palay and Corn Stocks Survey (PCSS1) of the PSA, which covers farming and non-farming households nationwide. The commercial stocks are sourced from registered grains businessmen through the Commercial Stocks Survey (CSS), conducted by the NFA, the results of which are submitted to PSA. NFA stocks are monitored from their warehouses/depositories.