President Ferdinand Marcos Jr. said the rice supply at the National Food Authority was “too low” and the government would have to boost its buffer stock with purchases from local producers and importations. | NCorralesINQ /PDI
“We will make plans whether we need to import, whether we need to extend, whether we need to increase the NFA buffer stock because it is already too low,” Mr. Marcos, who is also the agriculture secretary, said in an interview with Garafil.
“Why doesn’t NFA purchase palay from farmers and have it milled by them?” Cainglet said. “There is no need to import. Our stocks, without importation, is good until August.” Rafael Mariano, chair emeritus of Kilusang Magbubukid ng Pilipinas , asked why it was the NFA itself that was pushing for importations instead of helping, along with the Department of Agriculture, boost the volume of domestic rice production.Amihan and Bantay Bigas said the NFA’s local procurement was equivalent to only 2.3 percent of the average annual production between 2018 and 2022.
Sinag and KMP pointed out the NFA’s pronouncement was contrary to the President’s statement that the Philippines has ample rice supply. Albay Rep. Joey Salceda said that with rice prices going down globally, it may be a good time for the government to bolster its buffer stock ahead of El Niño, which is expected to be felt later this year.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NFA should increase rice buffer stock, Marcos saysMANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. on Thursday said the National Food Authority (NFA) should increase its rice buffer stock, which is currently “too
Read more »
Marcos: PH rice supply in good shape but NFA buffer stock too low“Magpa-plano kami kung kailangan mag-import, kung kailangan magpahaba, magparami ng buffer stock sa NFA dahil masyado ng mababa. &39;Yun lang ang nakita naming problema, mababa yung buffer stock ng NFA,” Marcos said.
Read more »
Marcos: PH rice supply 'in good shape' amid rising pricesTHE country's rice supply is in 'good shape,' President Ferdinand 'Bongbong' Marcos Jr.
Read more »
Marcos declares April 21 a regular holiday for Eid'l FitrPRESIDENT Ferdinand 'Bongbong' Marcos Jr.
Read more »
Palace visitorsMSGallery Palace visitors President Ferdinand Marcos Jr. and First Lady Liza Araneta-Marcos (right) play host to a group of executives of the Temasek Holdings of Singapore who called on him at Malacañang with a view to boost- 📸 PCO photo MORE PHOTOS:
Read more »
Farmers slam NFA’s proposal to import 330,000 MT of rice as buffer stock shrinksPeasant group Kilusang Magbubukid ng Pilipinas (KMP) denounced the National Food Authority’s (NFA) proposal to import at least 330,000 metric tons of rice in hopes of addressing the projected shortage in local rice production. ManilaBulletin
Read more »