The Department of Agriculture (DA) declared on Monday, Feb. 3, a food security emergency on rice as prices for the commodity remain stubbornly high. Agriculture Secretary Francisco Tiu Laurel said the declaration was prompted by the "extraordinary” increase in local rice prices despite the...
The Department of Agriculture (DA) is targeting Tuesday, Feb. 4, for the declaration of a food security emergency for rice amid persistently high prices of the staple Filipino food. Agriculture Secretary Francisco Tiu Laurel said the agency is in receipt of the National Price Coordinating...
The National Food Authority (NFA) announced on Wednesday, Jan. 22, that it requires an additional funding of P9 billion to comply with the law-mandated increase in the national rice buffer stock. NFA Administrator Larry Lacson said the agency is now obligated to maintain a buffer stock equivalent...
The Marcos administration is on the verge of declaring a food security emergency as rice prices remain stubbornly high despite government efforts to alleviate the situation. The National Price Coordinating Council (NPCC) approved a resolution on Thursday, Jan. 16, urging the Department of...
ZAMBOANGA CITY -- Rice for P29 per kilo was sold on Wednesday, Oct. 16, at the Kadiwa sa NIA: Tabo-An at the National Irrigation Administration Zambasulta Regional Sub-Office here. RICE for P29 a kilo was sold by the government in Zamboanga City. The activity with the theme “Suporta con de...
AGRI Party-list Rep. Wilbert Lee (Rep. Lee's office) AGRI Party-list Rep. Wilbert T. Lee said the government must reinforce its rice buffer stock to last for 15 to 30 days in preparation for the arrival of La Niña season. Lee said the inventory must be...
(Ellson Quismorio/ MANILA BULLETIN) The Senate is open to passing the House-approved bill that seeks to amend the five-year-old Rice Tariffication Law (RTL), according to House Speaker Martin Romualdez. This was one of the main...
President Marcos' economic managers maintained that the National Food Authority (NFA) should continue its role in buffer stocking and intervene in the market only during emergencies. National Economic and Development Secretary Arsenio M. Balisacan said that any reforms to the state grains agency...
As the first half of 2024 draws to a close, the National Food Authority (NFA) is poised to surpass its procurement target, driven by the increased purchasing price of rice. NFA Acting Administrator Larry Lacson said that they are expecting to reach a palay procurement level of 3.08 million or...
Aside from the higher buying price of palay, the National Food Authority (NFA) wants to increase the number of drying facilities to improve the country’s buffer stock of rice. NFA Director Larry Lacson explained that they are closely coordinating with the Department of Agriculture (DA) and the...
President Marcos has urged Congress to allow the National Food Authority (NFA) to import rice as doing so would lead to the stabilization of rice prices. President Ferdinand ‘Bongbong’ Marcos Jr. (Malacañang photo) Marcos said this as the government works to amend the Rice Tariffication Law...
Following decision to raise the palay buying price last April, the National Food Authority (NFA) said it was able to boost the quantity of milled rice by 14.6 percent compared to last year’s data. In a recent NFA council meeting, over 111,720 metric tons have been raised since the middle of May,...
