NegOr Household New Year Cereal Stocks

Reference Number: 

2021-PR46-001

Release Date: 

31 May 2021

                                         Negros Oriental Total Household New Year Cereral Stocks at 23.90 Thousand Metric Tons in January 1, 2021

 

    Negros Oriental Total Rice and Corn household stocks logged at 23,901 metric ton as of 6:00 am on January 1, 2021. The cereal stock level is more than 5.75 per cent higher than the 22,602 metric tons counted in the same period in January 2020. The increase was contributed by the corn grain sector in which more household retention were noted in preparation of the incoming lean months.

    Rice stocks level this month, decreased 7.73 percent against the previous months’ level of 15,669 metric tons. The decline was due to reduced harvests in the province affecting inflow of household stocks. Rice still remained the main bulk of the provinces’ household cereal stocks.

    This years’ rice stock level compared to same period last year is 4.35 percent shorter due to not many palay harvests in the province prior to the survey month. This years’ palay stock level of 14,458 metric tons reported in January 1, 2021, is 657 metric tons smaller than the January 1, 2020 level of 15,115 metric tons.

    In terms of corn grains, the current corn stock at 9,443 metric tons this month is 31.75 percent lower from the previous months’ level of 13,835 metric tons due to declining harvest in the province. This year, corn stocks level is 26.13 per cent higher compared to same period in 2020, at 7,487 metric tons. Still fewer harvests in the locality contributed to the negative growth trend this year.

    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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