NFA increases rice buffer stock to 10-day supply
The National Food Authority (NFA) reported a significant increase in its rice buffer stock, now good for 10 days, due to the peak summer harvest.
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Also known as NFA
The National Food Authority (NFA) is actively working to manage rice buffer stocks and implement programs like the PHP20 per kilogram rice initiative in Iloilo, aimed at providing affordable rice to Filipinos. The NFA's current rice stock levels are at a five-year high, with 7.17 million bags of milled rice available for distribution. Despite challenges posed by the Rice Tariffication Law, the NFA continues to advocate for amendments that would allow it to purchase palay directly from local farmers and sell rice at lower prices.
This is an AI-generated summary based on recent coverage.
Last updated at April 24, 2025.