Rice and Corn Stocks Inventory, December 2019

As of January, 2020

Rice


  • As of 01 December 2019, the total rice stocks inventory level was 3,098.01 thousand metric tons. It increased by 14.0 percent and 4.6 percent compared with the previous year's level of 2,718.48 thousand metric tons and previous month's level of 2,962.46 thousand metric tons, respectively. (Figure 1 and Table 1)
  • Stocks in the households grew by 5.3 percent compared with previous year's level of 1,527.17 thousand metric tons. A surge of 370.6 percent was noted in NFA depositories. On the other hand, a decrease of 7.3 percent was observed in commercial warehouses. (Figure 1 and Table 1)
  • Month-on-month, rice stocks inventory in all sectors increased. Increases of 5.3 percent,2.9 percent, and 5.9 percent were noted in the households, commercial warehouses, and NFA depositories, respectively. (Table 1)
  • Of the total rice stocks inventory during the month, 51.9 percent were from the households, 32.6 percent from commercial warehouses, and 15.5 percent from NFA depositories. (Table 1)

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 Philippine Statistics Authority (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 NFA, the results of which are submitted to PSA. NFA stocks are monitored from their warehouses/depositories.