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NFA on food security emergency: ‘We’re ready’
The Department of Agriculture (DA) is set to declare a food security emergency for rice on February 4.
Agriculture Secretary Francisco Tiu Laurel Jr. confirmed his office received the National Price Coordinating Council's resolution on the matter and will likely sign it following his review.
This declaration will empower the National Food Authority (NFA) to sell its rice inventory at PHP36 per kilogram to local government units, government agencies, and government-owned and controlled corporations.
The NFA stated it is prepared for the declaration and has already begun preparing its stocks for release.
Some local government units have expressed interest in purchasing NFA rice for distribution once the emergency is declared.
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The Department of Agriculture (DA) is targeting Tuesday, Feb. 4, to declare a food security emergency for rice due to persistently high prices.
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The Department of Agriculture declared a food security emergency for rice on Tuesday, February 4, 2025, to address extraordinary increases in local rice prices.
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Agriculture Secretary Francisco Tiu Laurel Jr. declared a food security emergency for rice on Monday, February 3, due to an extraordinary spike in rice prices.
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Lawmakers criticized government agencies for lacking urgency in declaring a food security emergency, especially as rice prices remain high.
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The National Food Authority (NFA) anticipates potential losses of up to P2.25 billion from selling its rice reserves to local government units (LGUs) during a declared food security emergency.
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