Tag: rice stocks
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NFA Rice Stocks Surge by 485% in January, Expected to Rise Further in February
The National Food Authority (NFA) reported a staggering 485.1% increase in its rice inventory for January, reaching 284,810 metric tons compared to just 48,680 metric tons in the same month last year, according to recent data from the Philippine Statistics Authority (PSA). NFA Administrator Larry Lacson attributed this significant rise to a new flexible buying…
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Over 50 Local Governments Seek NFA Rice Amid Food Security Crisis
In response to the recent food security emergency declaration for rice, over 50 local government units (LGUs) have expressed interest in purchasing rice stocks from the National Food Authority (NFA), according to the Department of Agriculture (DA). This move comes as part of efforts to stabilize rice supply across the nation. DA Secretary Francisco Tiu…
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