Under a food security emergency, the NFA will be able to sell rice stocks to local government units (LGUs) and other government agencies, free up space in NFA warehouses, and help local farmers ...

“But the additional six days will necessitate an extra P9 billion for palay procurement considering that our palay price procurement per kilo [will] increase in 2024,” he added. Lacson noted ...

Lacson said that with national rice consumption averaging 37,000 tons daily, the additional six days of reserves would require the NFA to procure approximately 300,000 tons of palay from local ...

A declaration of food security emergency will allow the NFA to release its rice buffer stocks to the market and replace them with locally produced palay. Tiu Laurel has said that the unloading of ...

Adding six days to the buffer stock will require the NFA to procure about 300,000 MT of palay or unmilled rice from local farmers, with an estimated price of P23 per kilo. “We were initially allocated ...

Under a food security emergency, the NFA will be able to sell rice stocks to local government units (LGUs) and other government agencies, free up space in NFA warehouses, and help local farmers ...