Rice and Corn Stocks Inventory, January 2018

As of February, 2018

Rice


  • The total rice stocks inventory as of 01 January 2018 was 2,289.65 thousand metric tons (Figure 1). This was lower by 17.20 percent from the 2,765.12 thousand metric tons inventory level in January 2017. Similarly, it declined by 19.64 percent from the previous month’s level of 2,849.37 thousand metric tons (Table 1).
  • Relative to the previous year, rice stocks inventory level increased by 4.40 percent in the households. However, stocks from both commercial warehouses and NFA depositories dropped by 9.57 percent and 80.48 percent, respectively (Table 1).
  • In comparison to the previous month, a  decline in rice stocks inventory level of 19.00 percent was reported in the households, 18.84 percent in commercial warehouses and 31.77 percent in NFA depositories (Table 1).
  • As of January 2018, about 57.89 percent of the total rice stocks inventory came from the households, 37.44 percent from commercial warehouses, and 4.67 percent from NFA depositories. The latter comprised 0.92 percent of the imported rice.
  • The total rice inventory for this month would last for 67 days.  

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 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.