Rice, corn inventory declined in July

The Philippines' stocks of rice and corn at the beginning of July plummeted, based on a report from the Philippine Statistics Authority (PSA). Total rice inventory as of July 1 was at 2.03 million metric tons (MT), down by 6.6 percent from 2.2 million MT recorded in the same period a year ago, the PSA said. It was also down by 2.7 percent from last month's 2.1 million MT. Rice stored in commercial warehouses and the National Food Authority (NFA) depositories declined by 17.9 percent and 22 percent, respectively. Stocks of households increased by 8 percent. "The total rice stocks as of July 01, 2022 were composed of 52.3 percent from households, 39.8 percent from commercia...

Keep on reading: Rice, corn inventory declined in July

from INQUIRER.net https://ift.tt/d9EbW4T