Rice and Corn Stock Inventory
As of March, 2017
- The total rice stock inventory as of
March 1, 2017was 2.18 million metric tons (Figure 1).This was 18.62 percentbelow the 2.67 million metric tonslevel in March 2016and 5.23 percentlower than the previous month’s inventory level of 2.30 million metric tons (Table 1).
- Compared with the previous year, rice stocks in the households grew by
30.03 percent.On the other hand, stocks in commercial warehouses and in NFA depositories dropped by 11.25 percentand 63.30 percent,respectively (Table 1).
- Compared with the previous month, rice stocks in the households increased by
0.63 percent.However, stocks in commercial warehouses and in NFA depositories decreased by 8.61 percentand 14.68 percent,respectively (Table 1).
- Of this month’s total rice stock inventory,
52.95 percentwere with the households, 28.81 percentwere in commercial warehouses, and 18.24 percentwere in NFA depositories. The latter comprised 77.70 percentof imported rice.
- The total rice inventory for this month would be sufficient for
64 days.Stocks in the households would be enough for 34 days,those in commercial warehouses for 18 days,and those in NFA depositories for 12 days.
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 (PCSS1) 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.