NegOr Ceral Stocks Jumps as of July 1, 2021

Reference Number: 

2021-PR46-014

Release Date: 

30 September 2021

Negros Oriental Total Household Cereal Stocks Jumped to 20.52 Thousand Metric Tons as of July 1, 2021

 

  Negros Oriental Total Rice and Corn household stocks logged at 20,522 metric tons as of 6:00 am on July 1, 2021, from the 17,856 metric ton on the same period in June 2021. The cereal stock level is more than 96.12 per cent increase over the 10,464 metric tons calculated in the same period in July 2020. The positive trend was prompted by the rice sector in which increase in harvests area was noted compared to the previous years’ hectarage.

 

Rice stocks level this month, grew 11.54 percent against the previous months’ level of 12,114 metric tons. The growth was due to the bigger harvests’ activity of the province. Rice remained most the largest share provinces’ household cereal stocks during this period at 66 percent volume of the total stocks.

 This years’ rice stock level compared to same period last year is percent higher due to increment of palay harvests in the province in terms of hectarage. This years’ rice stock level of 13,512 metric tons reported on July 1, 2021, is 5,879 metric tons more than the July 1, 2020, level of 7,633 metric tons.

 

Corn grains on the other hand, had a current corn stock at 7,010 metric tons which is 22.10 percent higher from the previous months’ level of 5,741 metric tons due to more harvests in the province before the survey period. This year, corn stocks level is 147.62 per cent bigger compared to same period in 2020, at 2,831 metric tons. Improvement of area harvested this year compared to last year same period triggered the higher stocking level.

 

These figures were the result of the Palay and Corn Stocks Survey 1 (PCSS1), conducted by the Philippine Statistics Authority (PSA) in the province. The monthly survey on farming and non-farming household stocks level intends to generate estimates of the current stocks of rice and corn and is conducted in the first four (4) days of the month with the 1st day of the month as the reference period.

 

Sgd

 

ARIEL T. FORTUITO

Cheif Statistical Specialist

 

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