NFA bought P14-B

STATE-RUN National Food Authority (NFA) procured 760,000 metric heaps (MT) of palay (unmilled rice) from local farmers in 2019, surpassing its goal for the yr.

This development changed into announced by way of Agriculture Secretary William Dar in a latest press conference. “Since they had been simplest given P7 billion closing 12 months, they sold almost P14 billion of palay. This manner 760,000 MT. Talagang nag attempt sila na tumulong sa roll over scheme nila. (They genuinely put attempt to execute their roll over scheme.) Now they may try this once more this 12 months,” he stated.

The NFA’s real neighborhood palay procurement turned into manner better than its 2019 target of 14.Forty six million baggage of palay, or 723,000 MT.

Under Republic Act 11203 or “Rice Tariffication Law,” the NFA will not be allowed to import rice and its position was constrained to buffer stock control for emergencies and calamities thru buying palay entirely from local farmers.

Dar stated the NFA has fulfilled its mandate to establish a 15-day rice reserve at any given time and a 30-day buffer inventory for the duration of the tilt season.

“On top of that, yung 4Ps (Pantawid Pamilyang Pilipino Program) natin na pera for rice subsidy ay pwede nang gamitin… mayroon ng alternative na hindi cash ang ibibigay bagkus rice (the fund for 4Ps for rice subsidy could be used…there may be an choice that in place of cash, we should provide away rice). So how a whole lot is that? I assume P31 billion. So P31 billion plus P14 billion from NFA, plus the publicity of the provincial governments of P6 billion, plus the publicity of the cooperatives in buying palay… So dumadami na yung new players (the quantity of new gamers are growing). Hopefully mas ma-manipulate yung presyo ngayon (we will higher manager the fee) this yr,” the Agriculture leader defined.

In overdue November final year, the NFA’s palay procurement fee averaged one hundred twenty five,754 bags in line with day.

The NFA buys easy and dry palay at P19 per kilo (kg), with incentives as much as P0.70/kg.
To boost its procurement performance, it has additionally started out to buy moist palay with up to 30-percent moisture content, in addition to palay with lower classification, based totally at the business enterprise’s Equivalent Net Weight table. Originally, the NFA buys domestically-produced palay that meet the 14-percent moisture content requirement.

Aside from the desk bound shopping for stations in diverse provinces, the NFA deploys cell procurement facilities in regions such as Ilocos Sur, Kalinga, Cagayan, Nueva Vizcaya, Batangas, Camarines Norte, Masbate, Sorsogon, Antique, Southern Leyte, Zamboanga City, Zamboanga del Sur, Pagadian, Ipil, Sibugay, Zamboanga del Norte, Dipolog, Agusan del Norte, Agusan del Sur, Surigao del Norte, Surigao del Sur, Misamis Oriental, Misamis Occidental, Lanao del Norte, and Maguindanao to cater to farmers in a long way-flung regions.

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