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Commercial inventories push rice stocks to 5-year June high

Published Jul 3, 2026 01:29 pm
(Dexter Barro II/MANILA BULLETIN)
(Dexter Barro II/MANILA BULLETIN)

The country’s rice inventory rose by nearly five percent to 2.35 million metric tons (MT) in June, with commercial stocks expanding on the back of higher rice shipments in recent months, according to the Philippine Statistics Authority (PSA).

In a report, the PSA said the country’s total rice stocks in June were around 110,000 MT higher than the 2.24 million MT recorded in the same month in 2025.

The latest rice stock level is the highest June inventory in five years, or since the 2.53 million MT recorded in June 2021, based on PSA data.

On a monthly basis, however, rice inventory in June declined by 2.5 percent from 2.41 million MT in May.

The PSA said 45.2 percent of the June rice stocks were held by households, 40 percent by the commercial sector, and 14.8 percent in depositories of state-run National Food Authority (NFA).

Rice inventory in the commercial sector increased by 15.3 percent to 939,020 MT in June from 814,390 MT in the same month last year.

The increase in commercial stocks coincided with higher rice importation, which jumped by 20 percent to 2.31 million MT in the first five months of the year from 1.93 million MT in the same period a year ago, according to the Bureau of Plant Industry (BPI).

The PSA said household rice stocks improved by over six percent to 1.06 million MT from around one million MT last year.

On the other hand, rice inventory in NFA warehouses posted an annual decrease of nearly 18 percent to 347,940 MT from 423,660 MT a year ago.

“In comparison to the May 2026 rice stocks levels, decrement was noted from the households by 7.8 percent. Meanwhile, rice stocks inventory from the commercial sector increased by 2.5 percent and in the NFA depositories by 1.9 percent,” the PSA said.

In the same report, the PSA said nationwide corn inventory increased by 38 percent to 900,250 MT in June from 651,960 MT in the same month last year. The latest corn inventory level also rose by eight percent from 832,810 MT in May.

The PSA said 87.8 percent of corn stocks in June were held by the commercial sector, while the remaining 12.2 percent were held by households.

On an annual basis, corn stocks in the commercial sector rose by 34.2 percent to 790,140 MT from 588,890 MT. Meanwhile, household corn stocks ballooned by 75 percent to 110,110 MT from 63,070 MT a year ago.

“Relative to the inventory level in May 2026, the volume of corn stocks from the commercial sector registered a month-on-month increase of 16.8 percent. Meanwhile, the corn stocks inventory from the households decreased by 29.5 percent,” the PSA said.

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Philippine Statistic Authority (PSA) rice stocks
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