PH rice inventory adequate – PSA

The Philippines has enough rice stocks to last for the next three months despite major typhoons that made landfall at the end of last year and concerns of poor harvests due to the adverse effects of El Nino, the Philippine Statistics Authority (PSA) reported.

In its latest inventory report, the Philippine Statistics Authority-Bureau of Agricultural Statistics said that as of December 1, 2015, the country’s total rice inventory was at 3.44 million metric tons, 13.5 percent higher compared to the 3.03 million MT recorded during the same period a year ago.