Household Cereal Stocks in NegOr Drop to 21.97 MT in Feb 2020

Reference Number: 

2020-PR46-004

Release Date: 

24 March 2020

February 2020 Negros  Oriental Total Household  Cereal Stocks Drop to 21.97 Thousand  Metric Tons

 

    Total Rice and Corn household stocks in Negros Oriental fell to 21,969 metric tons as of 6:00 am on February 1, 2020. Lower by 2.80 per cent compared to the same period in January 2020 which level peaked at more than 22,602 metric tons. The decrease was contributed by the rice sector after its’ harvesting period are in terminal phase over the period.

    Rice stocks level this month, declined more than 18.52 percent against the previous month level of 15,115 metric tons. This is the second month of rice stock decline due to limited palay harvests and continued to drop of its farm gate prices over the months. Still rice remained the main bulk of the provinces’ household cereal stocks at more than 56 per cent share level.

     Rice stock level this year compared to same period last year is more than 44.37 percent smaller, still due to limited palay harvests in the province. The current rice stock level of 12,316 metric tons reported in February 1, 2020 is 9,823 metric tons smaller than the February 1, 2019 level of 22,139 metric tons.

   In terms of corn grains, the current corn stock at 9,653 metric tons is 28.93 percent more than the previous months’ level of 7,487 metric tons due to minor harvests occurring in the province. This year, corn stocks level is more than 25.00 per cent lower compared to same period in 2019, at 12,871 metric tons. Still minimal 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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