The House of Representatives unanimously passed on third and final reading Tuesday, Jan. 31 a bill that would condone unpaid loan interests, penalties, and surcharges incurred by farmers, fisherfolk, and other agrarian reform beneficiaries from government-led lending agencies. (File photo/MANILA...
Malacañang has announced more officials appointed by President Ferdinand "Bongbong" Marcos Jr. in two government agencies. Roderico Rayo Bioco takes oath of office before Executive Secretary Lucas Bersamin as the new acting administrator and member of the National Food Authority (NFA) Council on...
State-run National Food Authority (NFA) managed to slash its losses last year following its mandated reforms under the the rice tariffication law (RTL), the Department of Finance (DOF) said. In a report to Finance Secretary G. Carlos Dominguez III, the grains agency said that RTL enabled NFA to cut...
Local farmers will continue to suffer from low palay prices due to typhoons and continuous entry of cheaper, imported rice.
“Palay prices are expected to remain low in the coming weeks with the cumulative effects of typhoons and importation even during the harvest season,
The Department of Agriculture (DA) has inaugurated two new National Food Authority (NFA) warehouses in the country’s top rice-producing province, Nueva Ecija. Such a development, according to Agriculture Secretary William Dar, will support the government’s efforts to bring the Philippines’...
Despite an expected increase in rice production and imports, the Philippines' rice inventory had slipped by 7.5 percent or to 2.58 million metric tons (MT) as of May. The latest data from the Philippine Statistics Authority (PSA) showed that the rice stocks inventory of the country was 7.5 percent...
The National Food Authority (NFA) is behind its palay procurement target for the year, but the agency’s chief is not worried at all since the overall demand for state-subsidized rice has been declining. NFA Administrator Judy Dansal said in a text exchange that for this year, the NFA is targeting...
The Philippines’ rice inventory as of January this year declined by 12.8 percent year-on-year after both commercial warehouses and state-run grains agency National Food Authority (NFA) ended with lower stocks during the period. Data from Philippine Statistics Authority (PSA) showed that as of...
Palay prices continued to go down, even dipping to as low as P11 per kilogram (/kg) as farmers approach the tail-end of the harvest season with a series of strong typhoons. Latest data from the Philippine Statistics Authority (PSA) showed that the average farm-gate price of palay continued its...
National Food Authority (NFA) 6 regional manager Dianne Silva is urging the local farmers to sell their produce to the agency to build up adequate buffer stocks as the global health emergency continues. “We are inviting our farmers to sell their clean and dry palay with 14 percent moisture...
TACLOBAN City - Following reports of palay (unhusked rice) in Eastern Visayas being bought by local traders as low as P13.50, the Department of Agriculture (DA) urges farmers to sell them to the National Food Authority (NFA) buying stations. This is far from the average price of well-milled rice...
The Rice Tariffication Law (RTL) has resulted in the retrenchment of hundreds of employees in the National Food Authority (NFA) and the removal of the government's power to regulate rice prices, but the state-run grains agency is making it clear that they are not in favor of calls to amend the law....
