Philstar
Rice, corn stocks improve in October
The Philippines' rice inventory increased by 3.2% to 2.35 million metric tons as of October 1, compared to the previous year.
Rice stocks held by households saw a 6% year-on-year increase, while commercial sector stocks decreased by 21.1%.
The National Food Authority (NFA) depositories experienced a significant 159.4% surge in rice inventory, contrasting with a slight 0.2% decrease month-on-month.
Overall rice inventory grew by 13.6% from September to October, boosted by household and commercial stock increases.
Corn inventories also rose by 16.3% year-on-year to 846,810 metric tons as of October 1.
Month-on-month, corn stocks saw a substantial increase of 52.5% from September.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
