The rice and corn inventory of the country increased in February compared to levels a year ago, the Philippine Statistics Authority (PSA) said.

In a monthly inventory report, the PSA said the country’s rice stocks went up by 19.24 percent to 2.141 million metric tons (MMT) from last year’s 1.795 MMT. However, it fell 16.05 percent from 2.550 MMT in the previous month.