Rice and Corn Stocks Inventory, March 2018

As of April, 2018

Corn


• As of 01 March 2018, the country’s total corn stocks inventory level stood at 278.34 thousand metric tons (Figure 2). With reference to the previous year's inventory level of 1,078.29 thousand metric tons, a decline of 74.19 percent was reported. Similarly, a decrease of 32.17 percent was observed from the previous month’s stock inventory level of 410.33 thousand metric tons (Table 2).
• Corn stocks in all sectors dropped compared with their last year’s record. Stocks in the households declined by 42.00 percent, in commercial warehouses by 78.28 percent, and in NFA depositories by 99.42 percent (Table 2).
• Stocks inventories in all sectors recorded corn stock drawdowns from last month’s levels. Household stocks fell by 2.45 percent, commercial warehouses by 38.66 percent, and in NFA depositories by 92.33 percent (Table 2).
• Of this month's total corn stocks inventory level, around 25.98 percent  were from the households, 
74.01 percent from commercial warehouses, and 0.01 percent were from the NFA depositories.
 

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.