Rice and Corn Stocks Inventory, June 2018
- As of
01 June 2018, the total rice stock inventory was estimated at 2,360.98 thousandmetric tons (Figure 1). This was a drop of 8.24 percentfrom previous year's level of 2,572.94 thousandmetric tons and 18.85 percentbelow the previous month's stocks level of 2,909.46 thousandmetric tons (Table 1).
- Compared to last year’s inventory level, households’ stocks displayed an increment of
1.47 percent.However, both stocks in commercial warehouses and NFA depositories declined by 1.92 percentand 98.99 percent,respectively (Table 1).
- Of this month's inventory level, stocks in all sectors were lower than the last month’s level. Stocks in households, commercial warehouses and NFA depositories showed decrements of
21.20 percent, 16.65 percentand 40.29 percent,respectively (Table 1).
- As of this month's total rice stocks inventory,
46.39 percentwere from the households, 53.52 percentfrom commercial warehouses, and 0.09 percentfrom NFA depositories. The latter comprised 62.48 percentof the imported rice.
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.