Rice and Corn Stocks Inventory, March 2018

As of April, 2018

Rice


• The total rice stocks inventory as of 01 March 2018 was 1,697.37 thousand metric tons (Figure 1).  This was 22.00 percent lower than March 2017 record of 2,176.20 thousand metric tons and 5.48 percent lesser than the previous month's inventory level of 1,795.78 thousand metric tons (Table 1).
• Relative to previous year's levels, decrements were noted in all sectors. Stocks in the households, commercial warehouses and NFA depositories were lower by 4.50 percent, 11.74 percent, and 89.03 percent, respectively (Table 1).
• Rice stocks inventory in households was higher by 1.17 percent as compared to the previous month's level. In contrast, stocks in commercial warehouses went down by 14.42 percent and in NFA depositories by 29.11 percent (Table 1).
• About 64.84 percent of this month’s total rice stocks inventory were from the households, 32.60 percent from the commercial warehouses and 2.56 percent from the NFA depositories. The latter comprised about 41.06 percent of the imported rice.
• The 01 March 2018 total inventory of rice stocks would be enough for 50 days
 

Stock Inventory:

 Technical Notes

 

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.