Philippines’ March Rice and Corn Stocks Inventory

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

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                             March     Feb.     Jan.     Dec.     Nov.     Oct.
                              2013     2013     2013     2012     2012     2012
===============================================================================
                          ----------------------- YoY% ------------------------
Rice Stocks                  -3.7%   -13.3%     8.2%    -0.4%   -10.3%   -37.7%
 Household                    4.4%     6.0%    56.0%    34.7%    13.4%   -29.5%
 Commercial                  21.1%    -9.8%     1.6%    15.0%     9.9%   -21.1%
 National Food Authority    -25.6%   -34.1%   -33.0%   -42.3%   -50.0%   -56.8%

Corn Stocks                  28.6%    15.9%    24.3%    23.2%    11.4%     8.1%
 Household                   38.8%     6.7%     5.3%     6.3%    17.5%    67.2%
 Commercial                  17.7%    23.5%    39.7%    33.4%     8.4%   -27.3%
 National Food Authority      0.0%     0.0%    14.3%   -35.0%    30.0%   200.0%

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                             March     Feb.     Jan.     Dec.     Nov.     Oct.
                              2013     2013     2013     2012     2012     2012
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                          ----------------------- MoM% ------------------------
Rice Stocks                  -3.9%   -19.8%    -3.4%    -6.1%    39.0%    38.9%
 Household                   -4.9%   -32.1%    -0.8%    -8.3%    54.8%    75.5%
 Commercial                  -7.1%   -11.3%   -10.1%   -11.5%    39.3%    43.6%
 National Food Authority      0.6%    -1.7%    -1.7%     7.1%     9.8%    -1.9%

Corn Stocks                  25.1%    -6.7%   -21.2%     3.8%    -9.1%     5.6%
 Household                   65.9%     1.3%    -6.6%    -2.1%   -46.6%    -6.7%
 Commercial                  -3.7%   -11.6%   -28.1%     6.9%    42.1%    29.2%
 National Food Authority    171.4%   -12.5%   -38.5%   -50.0%     8.3%   -17.2%

                          ----------------- ‘000 Metric Tons ------------------
Rice Stocks                1,940.0  2,020.0  2,520.0  2,610.0  2,780.0  2,000.0
 Household                   850.0    890.0  1,310.0  1,320.0  1,440.0    930.0
 Commercial                  510.0    550.0    620.0    690.0    780.0    560.0
 National Food Authority     580.0    580.0    590.0    600.0    560.0    510.0

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                             March     Feb.     Jan.     Dec.     Nov.     Oct.
                              2013     2013     2013     2012     2012     2012
===============================================================================
                          ----------------- ‘000 Metric Tons ------------------
Corn Stocks                  188.2    150.5    161.3    204.7    197.3    217.1
 Household                   103.0     62.1     61.3     65.6     67.0    125.4
 Commercial                   85.0     88.3     99.9    139.0    130.0     91.5
 National Food Authority       0.2      0.1      0.1      0.1      0.3      0.2
===============================================================================
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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