Rice buffer stock good for more than three months – NFA Aklan

first_imgFidel said that the buying stations are strategicallylocated across this province to allow local farmers the ease of buying andselling of rice. NFA-Aklan’s rice buffer stock can last up to more than three months, according to National Food Authority-Aklan Provincial Manager Benilda Fidel. The food authority now has a total of83,000 bags of palay and 3,600 bagsof locally-milled rice. NFA-Aklan has exceeded its currentwarehouse capacity of 70,000 bags procured from local farmers. “NFA is expecting influx of localfarmers to sell their palay duringthe harvest season at a higher price compared to private rice traders,”she said. KALIBO, Aklan – The current buffer stockof palay in this province remainssufficient and is expected to last more than three months, according to NationalFood Authority (NFA) Aklan Provincial Manager Benilda Fidel. The NFA-Aklan Grains Center in the townof Banga, Farm Level Grains Center warehouse in the town of Ibajay and mobile palay procurement teams directly buyfrom the farmers. The Rice trade liberation law orRepublic Act No. 11203 requires the food agency to source its buffer stock fromdomestic farmers in order to meet the mandated buffer stock level for at least15-30 days. Currently, NFA is buying clean and dry palay from local farmers at P19 perkilogram with 14-percent moisture content and 100-95 percent purity.   She said that NFA-Aklan opted to leasean additional private-warehouse for the extra storage of unmilled rice due tothe high volume of its deliveries and stocks in its warehouse in BarangayLinabuan Sur, Banga, Aklan. The NFA local rice is sold wholesale at P25per kilo and P27 per kilo to consumers by accredited retailers. The retail priceof regular milled rice ranges from P32 to P38 per kilo, while the well milledrice is at P40 to 44 per kilo. “May imported rice but we have a minimal inventory… local ricefrom domestic farmers is available in the market,” Fidel stressed. She added that government agencies likethe Bureau of Fire Protection, Philippine National Police, Bureau of Jail Managementand Protection, Department of Education and the Department of Social Welfareand Development are purchase rice at a wholesale price.(With a report from Akean Forum/PN)last_img

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