Rice and Corn Stock Inventory
- The total rice stock inventory as of
January 1, 2017was 2.77 million metric tons (Figure 1).This was 13.56 percentlower than the 3.20 million metric tonslevel in January 2016and 17.19 percentlower than the previous month’s inventory level of 3.34 million metric tons (Table 1).
- This month’s rice stocks in all sectors declined compared with their levels the previous year. Stocks in the households decreased by
4.75 percent,in commercial warehouses by 1.79 percent,and in NFA depositories by 39.20 percent (Table 1).
- Compared with their levels the previous month, stocks in all sectors dropped. Stocks in the households decreased by
24.34 percent,in commercial warehouses by 13.55 percent,and in NFA depositories by 2.96 percent (Table 1).
- Of this month’s total rice stock inventory,
45.91 percentwere with the households, 34.29 percentwere in commercial warehouses, and 19.80 percentwere in NFA depositories. The latter comprised 79.52 percentof imported rice.
- The total rice inventory for this month would be sufficient for
81 days.Stocks in the households would be adequate for 37 days,those in commercial warehouses for 28 days,and those in NFA depositories for 16 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.