Bloomberg News

Philippines’ February Rice and Corn Stocks Inventory

March 12, 2012

Following is a table of the Philippines’ February rice and corn stocks inventory as published by the Bureau of Agricultural Statistics on its website.

===============================================================================
                              Feb.     Jan.     Dec.     Nov.     Oct.    Sept.
                              2012     2012     2011     2011     2011     2011
===============================================================================
                          ----------------------- YoY% ------------------------
Rice Stocks                 -23.6%   -23.1%    -9.4%   -17.7%   -27.7%   -23.2%
 Household                   -4.7%   -14.0%    11.4%    -7.7%   -35.2%   -29.9%
 Commercial                  11.7%     9.1%    29.1%     1.4%    -7.2%     0.0%
 National Food Authority    -45.7%   -39.3%   -35.3%   -33.3%   -30.2%   -26.8%

Corn Stocks                 -16.3%     8.8%    16.1%    12.5%     4.5%   -21.0%
 Household                  -29.5%   -18.1%   -24.3%   -18.2%    10.3%   -25.5%
 Commercial                  -1.1%    36.7%    57.3%    48.7%     1.8%    -7.9%
 National Food Authority    -75.7%  -100.0%   -80.0%   -96.4%   -98.2%   -99.4%

===============================================================================
                              Feb.     Jan.     Dec.     Nov.     Oct.    Sept.
                              2012     2012     2011     2011     2011     2011
===============================================================================
                          ----------------------- MoM% ------------------------
Rice Stocks                 -11.4%   -15.2%    -3.4%    17.2%    13.2%   -11.0%
 Household                  -13.9%   -22.8%    -3.8%    59.0%    53.7%   -15.6%
 Commercial                   0.4%   -15.5%     0.0%    10.9%    33.3%   -20.0%
 National Food Authority    -15.9%    -6.3%    -5.1%    -7.1%    -8.6%    -6.1%

Corn Stocks                 -21.8%    -6.3%   -11.8%   -24.2%    -5.2%    78.1%
 Household                   -5.7%     8.2%   -24.0%   -48.7%   -17.4%   273.2%
 Commercial                 -31.4%   -13.1%    -4.7%     5.8%    15.8%    -6.3%
 National Food Authority       n/a  -100.0%   150.0%     0.0%   166.7%     0.0%

                          ----------------- ‘000 Metric Tons ------------------
Rice Stocks                2,330.0  2,630.0  3,100.0  3,210.0  2,740.0  2,420.0
 Household                   840.0    980.0  1,270.0  1,320.0    830.0    540.0
 Commercial                  610.0    600.0    710.0    710.0    640.0    480.0
 National Food Authority     880.0  1,050.0  1,120.0  1,180.0  1,270.0  1,390.0

===============================================================================
                              Feb.     Jan.     Dec.     Nov.     Oct.    Sept.
                              2012     2012     2011     2011     2011     2011
===============================================================================
                          ----------------- ‘000 Metric Tons ------------------
Corn Stocks                  129.8    165.9    177.1    200.9    265.2    279.6
 Household                    58.2     61.7     57.0     75.0    146.2    176.9
 Commercial                   71.5    104.2    119.9    125.8    118.9    102.7
 National Food Authority       0.1      0.0      0.2      0.1      0.1      0.0
===============================================================================
Note 1: Figures are preliminary and subject to revisions. Prior
        months figures are taken from previous press releases
        and may be revised.
Note 2: Corn stocks excludes those held by commercial livestock 
        and poultry producers and corn mixed in feed stocks
Note 3: Figures may not add up to total

Source: Bureau of Agricultural Statistics

To contact the reporter on this story: Michael J. Munoz in Hong Kong at mjmunoz@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net


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