PROCUREMENT
 

NFA buys from farmers/farmers’ organizations at the government support price to ensure market to accommodate farmer produce and enable farmers a fair return on production investment. This program is undertaken to ensure and establish manageable buffer stock in line with the agency’s function of stabilizing consumer price levels and assuring an adequate and continuous supply of rice. This involves actual procurement from individual and organized small farmers at the following government support price:
 

 

NFA Buying Price

 

 

Palay*

-

Php 17.00/kg

Incentives: CDIF - P0.30, Drying Fee - P0.20, Delivery Fee - P0.20

 

Yellow Corn**

-

Php Php10.00/kg (Class B)

Incentives: CDIF - P0.30, Drying Fee - P0.20, Delivery Fee- P0.20

 

White Corn ***

-

Php P13.00/kg , clean and dry

Incentives: CDIF - P0.30, Drying Fee - P0.20, Delivery Fee - P0.20

* Effective February 1, 2009
** Effective Sept. 28, 2009
*** Effective March 24, 2009

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