Rice and Corn Stock Inventory, May 2018
- The total rice stocks inventory level as of
01 May 2018 was at 2,909.46 thousand metric tons (Figure 1). This was 9.48 percent below the previous year's volume of stock at 3,214.18 thousand metric tons and 33.30 percent above last month's inventory level of 2,182.67 thousand metric tons (Table 1).
- Rice stocks in commercial warehouses increased by
4.33 percent with reference to last year's inventory level. However, both stocks held in the households and NFA depositories decreased by 6.77 percent and 98.71 percent, respectively (Table1).
- This month's stocks level for both households and commercial warehouses went up by
1.01 percent and 90.84 percent, respectively, compared to the previous month's record. On the contrary, rice stocks inventory level in NFA depositories dropped by 71.58 percent (Table 1).
47.77 percent of the current inventory level were with the households, 52.11 percent with commercial warehouses, and 0.12 percent with NFA depositories. The latter comprised 62.67 percent of 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.