NegOr Total Cereal Stocks Down as of August 1, 2021

Reference Number: 

2021-PR46-015

Release Date: 

30 September 2021

Negros Oriental Total Household Cereal Stocks Down to 19.09 Thousand Metric Tons as of August 1, 2021

 

   Negros Oriental Total Rice and Corn household stocks soared to 19,088 metric tons as of 6:00 am on August 1, 2021, from the 20,522 metric ton on the same period in July 2021. The cereal stock level is 64.94 per cent higher than the 11,573 metric tons appraised in the same period in August 2020. The increase was influenced by the corn grain sector in which increase in harvests area was noted compared to the previous years’ harvest hectarage.

    Rice stocks level this month, fall off 21.73 percent against the previous months’ level of 13,512 metric tons. The decline was due to the increased disposals from households due to better grains price. Rice stocks comprised 55.41 percent of the total cereals stocks while corn grain share is 44.59 percent only.

     This years’ rice stock level compared to same period last year is 38.27 percent higher due to higher of palay harvests in the province. This years’ rice stock level of 10,576 metric tons reported on August 1, 2021, is 2,927metric tons more than the August 1, 2020, level of 7,649 metric tons.

    Corn grains on the other hand, had a current corn stock at 8,512 metric tons is 21.43 percent higher from the previous months’ level of 7,010 metric tons due to major harvests in the province before the survey period. This year, corn stocks level is 116.92 per cent bigger compared to same period in 2020, at 3,924 metric tons. Increase in 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.

 

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ARIEL T. FORTUIO

Chief Statistical Specialist

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