Rice and Corn Stocks Inventory, June 2018

As of July, 2018

Corn


  • The total corn stocks inventory level as of 01 June 2018 was 592.01 thousand metric tons (Figure 2). This increased by 74.99 percent as compared to the previous month’s level of 338.31 thousand metric tons. On the other hand, a decrease of 39.50 percent was noted over last year's level of 978.87 thousand metric 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 percent while an increase was observed in commercial warehouses by 94.95 percent (Table 2).
  • About 7.87 percent of this month's total corn stocks inventory were with the households and 92.13 percent were with the commercial warehouses.

Stock Inventory:

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.