RICE STOCK

• The total rice stock inventory as of November 1, 2005 was estimated at 2.26 million metric tons, higher than previous month’s level by 41.8 percent but 1.4 percent lower compared to that of last year. Stocks are enough to last for 78 days.
• Stocks in the households and commercial warehouses posted increments of 73.6 and 30.0 percent, respectively, compared to last month’s levels. Compared to previous year, inventory dropped by 15.5 and 5.5 percent, respectively. NFA stocks, on the other hand, of which 93.0 percent are imported rice, rose by 35.8 percent from its year ago level.
• Of the current total rice stocks 61.0 percent were with the households, while 21.0 and 18.0 percent were with the NFA and commercial sector.

CORN STOCK

• The November 1, 2005 corn stock inventory of 283.6 thousand metric tons was 30.9 percent lower compared to its month ago level, but up by 7.5 percent over last year’s record.
• Compared to last month, stock positions in the households and commercial warehouses dropped by 42.5 and 14.5 percent, respectively. On the other hand, stocks in the households and commercial warehouses were higher compared to its year ago levels by 0.7 and 14.5 percent, respectively.
• NFA reported 494 metric tons of yellow corn for the period.