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THE country’s rice stockpile grew by nearly 300,000 metric tons (MT) in May, with the National Food Authority (NFA) and households recording bigger inventories.

Data from the Philippine Statistics Authority (PSA) showed that rice stocks grew by 14.2 percent to 2.37 million metric tons (MMT) as of May 1 from the previous year’s 2.08 MMT. This indicated an increment of 295,480 MT.

“This month’s rice stocks inventories registered annual increases from the NFA depositories by 472.8 percent and from the households by 35.5 percent. On the other hand, an annual decrease was noted from the households by 29.7 percent.”

The state statistics agency also noted that last month’s stock inventory was 1.3 percent higher than the 2.34 MMT recorded in April.

It noted that 49.4 percent or 1.17 MMT was stored by households, while 33.9 percent or some 803,440 MT of rice was held by commercial entities, based on PSA data.

The PSA added that rice stocks in the NFA warehouses as of May 1 reached 397,210 MT, accounting for 16.8 percent of total inventory during the reference period.

“In comparison to the April 2025 rice stocks levels, increment was noted from the NFA depositories by 14.7 percent. Meanwhile, rice stocks inventory from the commercial sector decreased by 2.1 percent, as well as in the households by 0.3 percent.”

Meanwhile, the state statistics agency said the total corn inventory as of May 1 dropped by 5.6 percent to 671,100 MT from 710,720 MT last year.

Despite this, the corn stockpile last month grew by 2.7 percent from the 653,350 MT recorded in April.

PSA data showed that the corn inventory in commercial entities reached 567,020 MT, while corn stocks in households were at 104,090 MT.

“From the same month of the previous year’s level, corn stocks inventory from the commercial sector recorded an annual decrease of 13.2 percent. On the other hand, an annual increase of 82.2 percent was noted from the households,” the PSA said.

“Relative to the inventory level in April 2025 the volume of corn stocks from the commercial sector registered a month-on-month increase of 7.4 percent. Meanwhile, the corn stocks inventory from the households decreased by 17.0 percent.”

Source : businessmirror