NFA INTENSIFIES PALAY PROCUREMENT
National Food Authority Administrator Jason Laureano Y. Aquino ordered its field offices to step up their palay procurement operations during the recent national planning conference attended by the agency’s Central and Field Office managers.
“NFA’s target for palay procurement this year is 4,607,350 bags or 230,367 MT to boost the government’s buffer stock and rice distribution requirements,” Aquino said. The order is in time for the summer crop harvest from March to June.
The NFA’s buying price for clean and dry palay is P17.00 per kilogram. Incentives are also being offered to individual farmers and farmer cooperatives nationwide, including delivery incentive P0.20 to P0.50/kg, P0.20/kg drying incentive, P0.30/kg Cooperative Development Incentive Fee or a total of P17.70-P18.00 per kilogram.
The NFA aims to procure 79,240 metric tons of palay from January to June this year. As of February 22, the food agency has already bought a total of 47,782 bags of palay nationwide based on the data released by the NFA’s Grains Marketing Operation Department. Bulk of the volume is expected to be bought during the main harvest from October to December.
At least 413 buying stations nationwide are being utilized so farmers can sell their produce to the agency. Mobile procurement teams are also ready to be deployed to remote areas where farmers may find it hard to transport their produce to NFA buying stations.
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