Rice and Corn Stocks Inventory, February 2019

As of March, 2019

Rice


• As of 01 February 2019, the total rice stocks inventory was  2,141.23 thousand metric tons. This was 16.05 percent lower compared with the previous month’s inventory level of 2,550.70 thousand metric  tons. On the other hand, the stock inventory for this month was higher by 19.24 percent  compared with previous year’s inventory level of 1,795.78 thousand metric tons (Table 1).

• Year-on-year, the current stocks in the households dropped by 5.09 percent, while, stocks in NFA depositories and commercial warehouses grew by 384.72 percent and 25.46 percent, respectively (Table 1).

• Compared with previous month’s record, the existing stocks in the households and commercial warehouses correspondingly declined  by 17.25 percent  and 32.69 percent. However, stocks in NFA depositories increased by 203.72 percent (Table 1).

• Of the total stocks inventory, 48.22 percent were in the households, 37.88 percent were in commercial warehouses, and 13.90 percent in NFA depositories.

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 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.