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Panayam kay Larry Lacson ukol sa Karagdagang kita sa pagtaas ng presyo ng NFA Rice at construction sa mga Post Harvest Facilities
PTVPhilippines
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10/3/2024
Panayam kay Larry Lacson ukol sa Karagdagang kita sa pagtaas ng presyo ng NFA Rice at construction sa mga Post Harvest Facilities
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00:00
The increase in the price of NFA rice and an update on the construction of post-harvest facilities
00:07
we will discuss with Larry Lackson, Administrator of the National Food Authority.
00:12
Sir Lackson, good afternoon.
00:15
Good afternoon, good afternoon to all the listeners.
00:19
Good afternoon.
00:21
Sir Larry, what pushed the National Food Authority
00:25
to approve the increase in the price of NFA rice from Php 38 to Php 25 per kilo?
00:31
And what is the positive effect of this?
00:34
Okay, it was approved not by the NSA itself but by the NSA Council.
00:40
Yes, they approved it.
00:43
And its main objective is to reduce the loss of NFA in its operation.
00:52
That's all.
00:55
Okay. Where can we use the additional income from this price increase?
01:00
And how much is the expected revenue from this?
01:05
Okay. That will be used in the operation.
01:09
Since our operation last year, we lost Php 6 billion.
01:14
For this year, if we calculate, we are investing Php 557 million.
01:21
So the loss of NFA will be reduced.
01:24
That is the expected savings or additional income
01:30
once we hit our target sales to government agencies for the remainder of the year.
01:39
Sir Larry, how can this price increase help the National Food Authority,
01:45
especially in the increase of rice from farmers?
01:51
This is a big thing.
01:52
If we include Php 557 million, we can get all of this.
01:58
As I said, this will help the operation.
02:02
When we buy rice, when we add gasoline, when we buy rice,
02:09
when we add many other things, this will help our operation.
02:17
What challenges do you see that you can face in implementing this new price scheme for NFA rice?
02:26
We don't see any challenges with regards to this
02:30
because this transaction that we are talking about,
02:33
the purchase of rice from NFA,
02:35
this is a government procurement.
02:39
The purchase of BSWD, OCD, NDRRMC, local government units, some of our legislators.
02:48
These are government-to-government purchases.
02:51
We don't see any challenges in implementing this Php 38 per kilo of rice.
02:59
In fact, BSWD is the biggest buyer of our rice.
03:06
It is a part of the NFA Council and they have approved this for a long time.
03:13
How many NFA members have secured a buffer stock of rice?
03:20
If we total the month for the year from January
03:26
until September 30, we were able to buy almost 5 million bags.
03:33
That is the total, 5 million bags.
03:36
If we add all our stocks, both rice and milled rice,
03:43
we are now at 3.3 million bags in our stock.
03:49
In metric tons, this is now 167,000 metric tons.
03:56
Our buffer stock is now increasing by 5 days.
04:02
Our target is 9 days.
04:05
We are already at 5 days.
04:07
It is currently growing.
04:09
This October, by 3rd and 4th week, that is our peak harvest until November early.
04:16
We are hoping that we will be able to buy more rice from our farmers.
04:24
We are hoping that our buffer stock will be complete.
04:33
In other talks, we are also asking for an update on the construction of post-harvest facilities.
04:39
Where are we now?
04:42
Regarding the modernization of our post-harvest facilities,
04:46
all of these are under the bidding process.
04:49
We are hoping that this will be awarded within the year.
04:55
Since this will also greatly help the wasted products of the farmers,
05:01
when are we expected to benefit from this?
05:06
After there is an award, maybe in the coming months,
05:12
we will be expecting by the end of the year, next year or early 2026,
05:22
we will have the facilities.
05:25
Our target from this time is to complete this within two to three years.
05:33
Sir, how many post-harvest facilities does our country have?
05:40
And how many of these are being used now?
05:44
Nationwide, we have a lot of warehouses.
05:49
In fact, the functioning is around 245.
05:52
But for drying facilities, milling facilities, there are very few.
06:00
The capacity that can be dried is only 12.6 percent of our target.
06:07
It's very low.
06:09
For milling, our capacity is only 26 percent.
06:13
So it's only one-fourth of our target.
06:16
So you can imagine how few our facilities are in the whole country.
06:25
Sir, please send a message to our fellow countrymen from the NFA.
06:30
To our fellow countrymen,
06:32
the NFA is continuously buying rice so that we have enough rice to impact.
06:39
This buffer stock is enough for all of us.
06:44
We will not be worried if calamities come,
06:47
if there are emergencies, we will have support.
06:51
The NFA is always there.
06:53
It's always there for all of us.
06:55
Thank you very much.
06:59
Thank you very much for your time, Larry Lacson, Administrator of the National Food Authority.
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