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NFA, nakatakdang magbenta ng 300-K sako ng bigas sa mga LGU
PTVPhilippines
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1/14/2025
NFA, nakatakdang magbenta ng 300-K sako ng bigas sa mga LGU
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00:00
In order to lower the price of rice in the market and to buy more local rice from farmers,
00:07
the National Corn Authority has decided to issue 1,000 sacks of rice to local governments.
00:17
The National Corn Authority has decided to sell 300,000 sacks of rice to local governments.
00:24
According to the NFA, rice is considered non-regular or old stock.
00:30
It has been more than a month since it was imported to the warehouses,
00:33
but the quality is still good.
00:35
The NFA wants to release the supply of rice to their warehouses as soon as possible
00:42
and to improve the income of the farmers during the harvest season.
00:49
Some branches and warehouses, we can't really accept a lot of rice because we don't have a place to store it.
00:58
After a month, let's say next month, that whole, almost 700,000 bags of rice,
01:08
it will be considered as two months and above that it can be disposed of as an aging stock.
01:14
The Department of Agriculture has already implemented the mechanism of selling NFA rice to LGUs
01:22
and to local governments to sell NFA rice to their residents.
01:29
Next week, the DA will meet with the Metro Manila Council to sell NFA rice for Php 38 per kilo.
01:38
It's cheaper than reaching Php 65 per kilo of rice in the market.
01:43
That's why the result when it reaches the consumers, according to the DA,
01:50
It can still bring down the price because the available rice is cheaper.
01:58
Now, the National Food Authority has Php 15 billion to buy local rice for the farmers.
02:08
They will use the funds for rice procurement to sell their rice to the farmers
02:16
at a reasonable and good price of Php 25 per kilo.
02:22
According to the NFA, there are rice processing facilities that can be completed this year.
02:28
There are rice grinders and dryers.
02:31
That means, Princess, that the NFA will be able to buy more rice
02:38
and more local farmers will be able to help.
02:42
That's the latest news. Let's go back to the studio.
02:46
Thank you very much, Clayzel Pardilia.
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