WIRE — THE rice inventory dropped 10.1% to 2.51 million metric tons (MMT) as of July 1 while corn stocks rose 33.9% to 836.22 thousand MT, the Philippine Statistics Authority (PSA) reported. Of the total stock, 47.7% was held by commercial traders, 38% by households, and 13.3% by depositories of the National Food Authority (NFA). Rice held
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