Philippines’ May Rice and Corn Stocks Inventory

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

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                               May    April    March     Feb.     Jan.     Dec.
                              2012     2012     2012     2012     2012     2011
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                          ----------------------- YoY% ------------------------
Rice Stocks                 -21.3%   -14.3%   -34.7%   -18.2%   -13.8%    -9.4%
 Household                   -4.3%     5.0%   -19.8%    -2.3%    10.1%    11.4%
 Commercial                  14.4%   -14.5%   -32.3%    35.6%    11.1%    29.1%
 National Food Authority    -52.7%   -27.6%   -46.2%   -42.9%   -35.2%   -35.3%

Corn Stocks                  -0.7%    -0.1%   -31.7%   -10.7%     7.0%    16.1%
 Household                  -13.2%   -12.2%   -42.9%   -25.0%   -25.2%   -24.3%
 Commercial                   6.3%    18.9%   -14.1%     6.1%    44.1%    57.3%
 National Food Authority      0.0%   -96.7%  -100.0%   -76.7%  -100.0%   -80.0%

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                               May    April    March     Feb.     Jan.     Dec.
                              2012     2012     2012     2012     2012     2011
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                          ----------------------- MoM% ------------------------
Rice Stocks                   1.4%    31.3%   -13.7%   -11.4%   -15.2%    -3.4%
 Household                   12.1%    30.9%    -3.6%   -14.3%   -22.8%    -3.8%
 Commercial                  50.6%    26.2%   -31.1%     1.7%   -15.5%     0.0%
 National Food Authority    -34.3%    34.6%   -11.4%   -16.2%    -6.3%    -5.1%

Corn Stocks                  -4.4%    46.3%    12.8%   -21.8%    -6.3%   -11.8%
 Household                  -43.8%    53.9%    27.5%    -5.7%     8.2%   -24.0%
 Commercial                  40.2%    38.5%     1.0%   -31.4%   -13.1%    -4.7%
 National Food Authority   3233.3%      n/a  -100.0%      n/a  -100.0%   150.0%

                          ----------------- ‘000 Metric Tons ------------------
Rice Stocks                2,670.0  2,640.0  2,010.0  2,330.0  2,630.0  3,100.0
 Household                 1,180.0  1,060.0    810.0    840.0    980.0  1,270.0
 Commercial                  800.0    530.0    420.0    610.0    600.0    710.0
 National Food Authority     690.0  1,050.0    780.0    880.0  1,050.0  1,120.0

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                               May    April    March     Feb.     Jan.     Dec.
                              2012     2012     2012     2012     2012     2011
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                          ----------------- ‘000 Metric Tons ------------------
Corn Stocks                  204.7    214.2    146.4    129.8    165.9    177.1
 Household                    64.2    114.2     74.2     58.2     61.7     57.0
 Commercial                  140.2    100.0     72.2     71.5    104.2    119.9
 National Food Authority       0.3      0.0      0.0      0.1      0.0      0.2
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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