Rice and Corn Stocks Inventory, January 2018
- The total rice stocks inventory as of
01 January 2018was 2,289.65 thousandmetric tons (Figure 1). This was lower by 17.20 percentfrom the 2,765.12 thousandmetric tons inventory level in January 2017. Similarly, it declined by 19.64 percentfrom the previous month’s level of 2,849.37 thousandmetric tons (Table 1).
- Relative to the previous year, rice stocks inventory level increased by
4.40 percentin the households. However, stocks from both commercial warehouses and NFA depositories dropped by 9.57 percentand 80.48 percent, respectively (Table 1).
- In comparison to the previous month, a decline in rice stocks inventory level of
19.00 percentwas reported in the households, 18.84 percentin commercial warehouses and 31.77 percentin NFA depositories (Table 1).
- As of
January 2018, about 57.89 percentof the total rice stocks inventory came from the households, 37.44 percentfrom commercial warehouses, and 4.67 percentfrom NFA depositories. The latter comprised 0.92 percentof the imported rice.
- The total rice inventory for this month would last for
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.