Rice and Corn Stock Inventory
- The total rice stock inventory as of
July 1, 2017was 2,347.90 thousandmetric tons (Figure 1).This was 14.08 percentbelow the 2,732.73 thousandmetric tons level in July 2016and 8.75 percentlower than the previous month’s inventory level of 2,572.94 thousandmetric tons (Table 1).
- Compared with the previous year, rice stocks in the NFA depositories dropped by
83.04 percent.However, stocks in households and in commercial warehouses grew by 1.47 percentand 42.83, respectively (Table 1).
- Compared with the previous month, stocks in the households, in commercial warehouses and in NFA depositories declined by
7.84 percent, 7.00 percentand 24.49 percent,respectively (Table 1).
- Of this month’s total rice stock inventory,
42.37 percentwere with the households, 51.03 percentwere in commercial warehouses, and 6.60 percentwere in NFA depositories. The latter comprised 69.96 percentof imported rice.
- The total rice inventory for this month would be sufficient for
69 days.Stocks in the households would be enough for 29 days,those in commercial warehouses for 35 days,and those in NFA depositories for 5 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.