THE country's rice stocks inventory continues to drop as of the start of June 2022, reaching 2.220 million metric tons (MMT), a 12.3-percent decrease from last year's 2.530 MMT, the Philippine Statistics Authority (PSA) said.

In its monthly "Rice and Corn Stocks Inventory" report, the PSA said the current rice stocks inventory also dropped by 2.6 percent compared to its May 2022 inventory level of 2.279 MMT.

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