Rice and Corn Stocks Inventory, April 2019
- As of
01 April 2019,the total rice stocks inventory was estimated at 2,629.03 thousandmetric tons. The level of stocks was 20.5 percentabove the previous year’s record of 2,182.67 thousandmetric tons and 18.4 percenthigher than previous month’s level of 2,221.42 thousandmetric tons (Figure 1).
- Relative to previous year’s inventory level, households stocks displayed a decrease of
14.4 percent.Nevertheless, both stocks in commercial warehouses and NFA depositories noted a substantial increase of 10.2 percentand 4,609.3 percent,respectively (Table 1).
- With reference to the previous month, the existing stocks in all sectors were higher than the last month’s level. Stocks in the households, commercial warehouses and NFA depositories showed increments of
13.9 percent, 25.8 percentand 17.1 percent,respectively (Table 1).
- Of this month’s total rice stock inventory, around
44.8 percentwere in the households, 33.3 percentwere in commercial warehouses, and 21.9 percentin NFA depositories.
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 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 the NFA, the results of which are submitted to PSA. NFA stocks are monitored from their warehouses/depositories.