Rice and Corn Stocks Inventory, June 2019
- As of
01 June 2019,the total rice stocks inventory was recorded at 2,598.34 thousandmetric tons. An increase of 10.1 percentwas observed from the previous year's level of 2,360.98 thousandmetric tons. However, this was 11.8 percentlower than the previous month's stocks level of 2,947.42 thousandmetric tons (Figure 1).
- Rice stocks inventory level in the households and commercial warehouses were down by
4.2 percentand 21.0 percent,respectively. Whereas, stocks in NFA depositories increased by 26,444.2 percent (Table 1).
- Compared with their levels a month ago, decrements were noted in all sectors. Stocks in the households, commercial warehouses and NFA depositories were lower by
17.1 percent, 11.2 percentand 1.3 percent,respectively (Table 1).
- Of this month's total rice stocks inventory,
40.4 percentcame from the households and 38.4 percentwere from commercial warehouses. The NFA depositories contributed 21.2 percentof the total rice stocks inventory, comprising 66.5 percentof imported rice for the reference period.
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.