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:
 

BUYING PRICES

Beneficiary/Commodity Basic Buying Price I n c e n t i v e s Effective Buying Price
CDIF Delivery Fee Drying Fee BSI
FOs/FAs/FGs
PALAY 19.00 - - - - 19.00
WHITE CORN (WGN) 13.00 0.30 0.20 0.20   13.70
YELLOW CORN (YGN) 12.30 0.30 0.20 0.20   13.00
INDIVIDUAL FARMERS
PALAY 19.00 - - - - 19.00
WHITE CORN (WGN) 13.00 - 0.20 0.20   13.40
YELLOW CORN (YGN) 12.30 - 0.20 0.20   12.70

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