Rice, corn stocks up in November

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December 5, 2025 | 12:00am

MANILA, Philippines —   The country’s rice and corn inventories both rose in November, driven by higher stocks in households and government depositories, according to the Philippine Statistics Authority.

In a report, the PSA said that total rice stocks reached 2.55 million metric tons as of Nov. 1, up by 3.8 percent from 2.46 million MT in the same period last year.

“The increase came largely from the National Food Authority (NFA) depositories, which surged by 225 percent from last year, and from households, which saw a 27.5 percent rise,” the PSA said.

“In contrast, commercial stocks fell by 33.4 percent compared with November 2024,”  it added.

Compared to October, household rice stocks climbed by 20.7 percent, NFA stocks increased by 2.9 percent while commercial stocks slipped by 1.1 percent.

Of the total rice inventory, households accounted for 45 percent, commercial traders with 37 percent and the NFA with 18 percent.

Meanwhile, corn stocks reached 790,160 MT, up by 27.6 percent from 619,160 MT in November 2024.

Month-on-month, corn inventories fell by 6.7 percent from 846,810 MT in October.

The year-on-year rise in corn stocks was mainly driven by households, which increased holdings by 62.5 percent and commercial traders, up by 22.6 percent from last year.

Month-on-month, household corn stocks dropped 31.2 percent, while commercial stocks edged up 0.2 percent.

Overall, nearly 84 percent of corn stocks are held by the commercial sector, and 16.1 percent by households.

According to PSA estimates, palay output reached 3.93 million MT in the third quarter, up by 18.1 percent from 3.33 million MT in the same quarter last year.

On the other hand, corn production totaled around 2.41 million MT, slightly below last year’s Q3 output of 2.44 million MT.