DA pushes for expanded NFA buying power via RICE Act amendments

The Department of Agriculture (DA) is advocating for the revival and expansion of the National Food Authority's (NFA) purchasing capabilities through proposed amendments to the Rice Tariffication Law.

The initiative, part of the RICE Act bill filed by Speaker Martin Romualdez, aims to bolster food security and ensure better incomes for local farmers.

Under the proposed changes, the NFA would be empowered to buy not only palay but also milled rice and corn directly from farmers and their cooperatives.

Agriculture Secretary Francisco Tiu Laurel Jr. highlighted the significance of corn, emphasizing its crucial role in the country's feed production for the vital poultry and livestock industries.

He noted that yellow corn accounts for 46 percent of feed used in livestock and 62 percent in poultry.

These sectors are considered fundamental to President Ferdinand Marcos Jr.'s objective of achieving a food-secure Philippines.

Despite demand, only 2.5 million hectares are planted to corn, limiting supply and affecting over 1.1 million Filipino farmers.