Rice and Corn Stocks Inventory
- The total rice stocks inventory as of October 1, 2017 was
1,935.87 thousandmetric tons (Figure 1). It was 15.34 percentlower as compared to October 2016 inventory level of 2,286.57 thousandmetric tons and 36.06 percenthigher than the 1,422.84 thousandmetric tons inventory level of the previous month (Table 1).
- Compared to the previous year, an increase of
8.16 percentwas recorded in the households’ stocks inventory level. However, rice stocks in commercial warehouses and NFA depositories dropped by 10.53 and 68.63 percent,respectively.
- Rice stocks in the households, in commercial warehouses and in NFA depositories grew by
55.52 percent, 5.49 percentand 143.13 percent,respectively, as compared with the previous month (Table 1).
- Of this month's total rice stock inventory,
55.35 percentcame from the households and 36.42 percentwere from commercial warehouses. The NFA depositories contributed 8.23 percentof the total rice stock inventory comprising a 0.94 percentof imported rice.
- The total rice inventory for this month would last for
57 days.Stocks would be enough for 32 daysin the households, 21 daysin commercial warehouses, and 5 daysin 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 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.