A man arranges sacks of rice at a warehouse of the National Food Authority in Quezon City in this file photo. The Philippine Statistics Authority (PSA) said in its latest report that the country’s rice inventory as of May 1 reached 2.909 million metric tons. The country’s rice inventory as of May 1 rose to the highest level in six months, after the harvest of local paddy kicked into high gear in April, according to data released by the Philippine Statistics Authority (PSA). The rice inventory during the period reached 2.909 million metric tons (MMT). On a monthly basis, the figure is 33.3 percent higher than the April inventory. The May 1 stockpile, however, is 9.48 percent lower than the previous year’s 3.214 MMT.