Rice and Corn Stocks Inventory, April 2018
- As of
01 April 2018, total rice stocks inventory was estimated at 2,182.67 thousandmetric tons (Figure 1).The volume of stocks was 18.42 percentbelow last year's inventory level of 2,675.55 thousandmetric tons and 28.59 percenthigher than the previous month's record of 1,697.37 thousandmetric tons (Table 1).
- Comparisons with last year's rice stock levels showed a decrease of
4.50 percentin the households, 12.45 percentin commercial warehouses, and 96.26 percentin NFA depositories (Table 1).
- Relative to last month's record, both stocks inventory level in households and in commercial warehouses grew by
25.04 percentand 43.56 percent, respectively. Meanwhile, a drop in stocks level was observed in NFA depositories by 71.89 percent(Table 1).
- Of the current rice stock level, around
63.04 percentwere from the households, 36.39 percentfrom commercial warehouses, and 0.56 percentfrom NFA depositories. The latter comprised about 79.69 percentof the imported rice.
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), conducted by the NFA, the results of which are submitted to PSA. NFA stocks are monitored from their warehouses/depositories.