Manila Times
Upholding Truth. Empowering the Philippines
Saturday, Jun 07, 2025
The Nation's Story is Told with Honor
Philippine Rice Stocks Reach Year-High as Imports and Harvests Increase
Rice inventory in the Philippines rises to 2.37 million metric tons in May, bolstered by domestic and imported supplies.
As of May 1, 2023, the Philippine Statistics Authority (PSA) reported that the country's rice stocks reached 2.37 million metric tons (MT), marking an increase of 14 percent compared to the same period last year when stocks were recorded at 2.07 million MT. This figure represents the highest rice inventory level observed in 2023 and reflects a monthly increase of 1.3 percent from April’s inventory of 2.34 million MT.
The significant rise in rice stocks is attributed primarily to the dry season harvest and the steady influx of imported supplies.
According to the PSA, approximately 49.4 percent of the nationwide rice stocks originated from households, 33.9 percent from the commercial sector, and 16.8 percent from the warehouses of the National Food Authority (NFA).
Household rice stocks saw a notable year-on-year increase of 35.5 percent, climbing from 863,770 MT to 1.17 million MT. Conversely, rice inventory within the commercial sector declined nearly 30 percent, dropping from 1.14 million MT to 803,440 MT. Conversely, the NFA reported that its rice stocks exceeded five times last year’s levels, rising to 397,210 MT, up from just 69,350 MT.
Additionally, the PSA noted a month-on-month increase of 14.7 percent in rice stocks held by NFA warehouses compared to April levels.
However, inventories from the commercial sector and households saw minor monthly decreases of 2.1 percent and 0.3 percent, respectively.
In a related update on corn stocks, the PSA reported a decline of 5.6 percent in inventory to 671,100 MT as of May 1, down from 710,720 MT. Compared to the previous month, corn stocks exhibited a slight increase of 2.7 percent from 653,350 MT.
Among the recorded corn stocks, 84.5 percent were attributed to the commercial sector, with households contributing the remaining 15.5 percent.
Notably, household corn stocks reached 104,090 MT, representing an increase of 82.2 percent from the 57,140 MT recorded during the same period last year.
However, corn stocks in commercial entities decreased by 13.2 percent, falling from 653,580 MT to 567,020 MT.
Month-on-month comparisons show that while commercial corn stocks rose by 7.4 percent, household stocks decreased by 17.0 percent.
The significant rise in rice stocks is attributed primarily to the dry season harvest and the steady influx of imported supplies.
According to the PSA, approximately 49.4 percent of the nationwide rice stocks originated from households, 33.9 percent from the commercial sector, and 16.8 percent from the warehouses of the National Food Authority (NFA).
Household rice stocks saw a notable year-on-year increase of 35.5 percent, climbing from 863,770 MT to 1.17 million MT. Conversely, rice inventory within the commercial sector declined nearly 30 percent, dropping from 1.14 million MT to 803,440 MT. Conversely, the NFA reported that its rice stocks exceeded five times last year’s levels, rising to 397,210 MT, up from just 69,350 MT.
Additionally, the PSA noted a month-on-month increase of 14.7 percent in rice stocks held by NFA warehouses compared to April levels.
However, inventories from the commercial sector and households saw minor monthly decreases of 2.1 percent and 0.3 percent, respectively.
In a related update on corn stocks, the PSA reported a decline of 5.6 percent in inventory to 671,100 MT as of May 1, down from 710,720 MT. Compared to the previous month, corn stocks exhibited a slight increase of 2.7 percent from 653,350 MT.
Among the recorded corn stocks, 84.5 percent were attributed to the commercial sector, with households contributing the remaining 15.5 percent.
Notably, household corn stocks reached 104,090 MT, representing an increase of 82.2 percent from the 57,140 MT recorded during the same period last year.
However, corn stocks in commercial entities decreased by 13.2 percent, falling from 653,580 MT to 567,020 MT.
Month-on-month comparisons show that while commercial corn stocks rose by 7.4 percent, household stocks decreased by 17.0 percent.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.