Rice and Corn Stocks Inventory, August 2018
- As of
01 August 2018, the total rice stocks inventory was estimated at 1,520.76 thousandmetric tons (Figure 1).The volume of stocks was 25.01 percentbelow the previous year's level of 2,028.00 thousandmetric tons. This was 23.61 percentlower than last month's inventory level of 1,990.82 thousandmetric tons (Table 1).
- Relative to the previous year's rice stocks inventory, a drop of
0.26 percent, 42.51 percentand 6.94 percentwere observed in the households, commercial warehouses and NFA depositories, respectively (Table 1).
- Rice stocks inventory level in both households and commercial warehouses declined by
24.79 percentand 28.77 percent,respectively in comparison to their previous month's levels. On the other hand, rice stocks in NFA depositories as of 01 August 2018was almost twice the previous month’s inventory level.
half (49.08 %)of the total rice stocks inventory were from the households, 44.27 percentfrom commercial warehouses, and the remaining 6.65 percentwere from 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 (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.