Philippine : Rice stocks hit 2.11 million metric tons as NFA holdings surge—PSA report
Philippines rice stocks reached 2.11 million metric tons in February, up 5.3% year-on-year, supported by higher inventories held by the National Food Authority and households. Corn stocks also rose 27% annually to 573,040 tons. However, rice inventories declined month-on-month, reflecting lower holdings across households, commercial players and government reserves.
The Philippines’ rice stocks reached 2.11 million metric tons, while corn inventories climbed to 573,040 metric tons as of Feb. 1, both posting annual increases, according to government data.
Based on a report from the Philippine Statistics Authority, rice stocks rose 5.3 percent from the 2.01 million metric tons recorded in the same period last year. On a monthly basis, however, the inventory declined 9.8 percent from 2.34 million metric tons in January.
The year-on-year increase was driven by higher stocks in National Food Authority depositories and households. NFA inventories surged 45.8 percent, while household holdings grew 13.2 percent. Rice stocks held by the commercial sector, however, dropped 14.2 percent from the level recorded a year earlier.
Compared with January levels, inventories declined across all sectors. Household stocks fell 13.8 percent, commercial stocks decreased 7.9 percent, and NFA depositories recorded a 3.9 percent drop.
Of the total rice inventory in February, households held 42.6 percent, the commercial sector held 37.5 percent, and NFA depositories held 20 percent.
Meanwhile, the country’s corn stocks rose 27 percent year-on-year from 451,190 metric tons in February 2025 to 573,040 metric tons this year. Month-on-month, corn inventories increased 10.8 percent from 516,990 metric tons in January.
The annual growth was driven by higher inventories in both the household and commercial sectors. Household corn stocks jumped 60.8 percent, while those in the commercial sector rose 23.1 percent.
Relative to January levels, commercial corn stocks increased 15.1 percent, while household inventories declined 11.2 percent. The commercial sector accounted for 87 percent of the total corn stocks in February, while households held the remaining 13 percent.
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Source : Manila Standard
