NegOr Household Cereal Stocks for Q1 2021 Reach 74.70K Metric Tons

Reference Number: 

2021-PR46-004

Release Date: 

31 May 2021

Negros Oriental Total Recorded Household Cereals Stocks

For Q1 2021 Reach 74.70 Thousand Metric Tons

 

    Negros Oriental Total Rice and Corn household stocks recorded at 74,704 metric ton as of 6:00 am on the 1st day of each months of the first quarter of 2021. The cereal stock level is more than 9.56 per cent higher than the 68,188 metric tons recorded in the same period in 2020. The increase was attributed to the rise in stocking rate of the corn grain due to more retention in households for the purpose of establishing sufficient buffer stocks in preparation for the coming lean months.

    Rice stocks level this quarter, recorded a 3.88 percent higher against the previous years’ level of 41,241 metric tons. The improvement was due to elevated harvests in the province triggering inflow of stocks to households in the middle of the quarter. Rice remained the main bulk of the provinces’ household cereal stocks at 57 percent share of the total volume for the quarter.

     This quarters’ bulk of rice stock was recorded in the month of March at 16.72 thousand metric tons of rice. The month of February recorded the least stocking level of rice for the quarter at 11.66 thousand metric tons.

    In terms of corn grains, the quarters’ recorded corn grain stock stood at 31,862 metric tons this is 18.34 percent higher than the same period in 2020, which is at 26,947 due to more retention of household stocks to serve as buffer stocks for the household consumption in the incoming lean months. Highest corn grain stocks level was recorded in the month of February with 11.61 thousand metric tons of corn grains accounted.

    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

Chief Statistical Specialist

 

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