RICE STOCK

• The June 1, 2005 total rice stock inventory reached 1.88 million metric tons, down by 5.9 and 3.6 percent from its month and year ago levels, respectively. It was enough to last for 66 days.
• Likewise, the household and commercial sectors’ holdings dropped from their month ago levels by 18.2 percent and 4.8 percent, respectively. On the other hand, NFA stock of which 91 percent are imported rice inched up by 17.9 percent.
• Compared to the previous year’s same period stock position, households and commercial sector posted lower stock levels by 11.5 percent and 6.9 percent, respectively. In contrast, NFA stocks went up by 13.4 percent.
• As of the reporting period NFA rice stocks was good for 22 days supply. Those of households and commercial warehouses were enough for 29 and 15 days supply, respectively.

CORN STOCK

• The total corn stock  inventory as of June 1, 2005 was estimated at 182 thousand  metric tons, lower by 18.9 percent and 15.9 percent from last month’s level and that of same period last year.
• Compared to previous month’s stock levels, those in the households and NFA depositories decreased by 41.6 percent and 23.1 percent, respectively. In contrast, commercial stocks recorded a minimal increase of  1.6 percent.
• Corn holdings of the three sectors declined compared to their year ago levels.
• Around 34.0 percent of the current corn stock were with the households and  65.0  percent were with the commercial warehouses. NFA reported 1.0 thousand metric tons of yellow corngrain for the period.