Rice and Corn Stocks Inventory, June 2018
- The total corn stocks inventory level as of
01 June 2018was 592.01 thousandmetric tons (Figure 2).This increased by 74.99 percentas compared to the previous month’s level of 338.31 thousandmetric tons. On the other hand, a decrease of 39.50 percentwas noted over last year's level of 978.87 thousandmetric tons (Table 2).
- With reference to the previous year's inventory level, corn stocks in the households, commercial warehouses, and NFA depositories declined by
49.22 percent, 38.07 percent,and 100.00 percent,respectively (Table 2).
- Month on month, stocks level in the households contracted by
20.38 percentwhile an increase was observed in commercial warehouses by 94.95 percent (Table 2).
7.87 percentof this month's total corn stocks inventory were with the households and 92.13 percentwere with the commercial warehouses.
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.