NFA assures ample rice supply | Inquirer News

NFA assures ample rice supply

By: - Reporter / @kocampoINQ
/ 09:59 AM March 13, 2020

MANILA, Philippines – The National Food Authority (NFA) on Thursday assured that it has sufficient rice stocks amid the 2019 coronavirus disease (COVID-19) pandemic.

The state-owned grains agency said it has begun transferring some 2.22 million bags or 111,206 metric tons (MT) of rice to the National Capital Region from nearby rice-producing regions.

This is to ensure that the metropolis would have an adequate rice sufficiency level.

Article continues after this advertisement

The government has placed NCR under “community quarantine” in a bid to contain and curb the spread of COVID-19.

FEATURED STORIES

NFA Administrator Judy Carol Dansal said there are 450,000 bags of rice currently available in Metro Manila, good for 40 days, considering that the NFA’s market participation is pegged at 10 percent.

This does not include stocks in the households and the commercial sector yet.

Article continues after this advertisement

Data from the Bureau of Plant Industry showed there are also roughly 379,000 MT of rice that entered the country as of March 6, 2020.

Article continues after this advertisement

On the whole, the country’s rice inventory is estimated at 2.14 million MT, which is enough to meet Filipinos’ daily rice consumption for 66 days.

Article continues after this advertisement

Of that volume, government rice stock is at 481,800 MT, or equivalent to 15 days of the country’s rice consumption requirement.

The NFA is currently fast-tracking the repositioning of the staple in different areas of the country.

Article continues after this advertisement

Under the law, the NFA is mandated to maintain a sufficient level of rice buffer to primarily cater to emergency and calamity operations.

It continues to sell rice through disaster and relief operations response outlets, private authorized distributors, and other government agencies.

GSG
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.

The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link.

TAGS: Coronavirus, COVID-19, NFA, rice, Rice Supply

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.