Close  

NFA allots P700M to buy palay from Bicol farmers

By: - Correspondent / @msarguellesINQ
/ 02:05 PM September 25, 2019

LEGAZPI CITY — The National Food Authority (NFA) in Bicol has allotted P700 million for the procurement of palay from local rice farmers in the region.

“The palay price would range from P19 to P10 per kilo, depending on the quality of palay the farmers are selling,” said Henry Tristeza, director of NFA in Bicol.

ADVERTISEMENT

He said NFA offers the farmers the prevailing buying price of P19 per kilo of well-dried palay and P10 per kilo of wet palay.

There are eight NFA buying stations in Bicol, and five more would be set up during the peak harvest season starting October until December.

FEATURED STORIES

The NFA warehouses have 205,000 bags of rice as buffer stocks for nine days.

Tristeza said consumers could also purchase NFA rice in all accredited rice retail outlets without limit. /lzb

Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Bicol, Farmers, National Food Authority, NFA, palay procurement
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.