With the upcoming harvest season and with the NFA looking to buy new stocks from local farmers, overwhelmed warehouses is a significant factor that may impel DA to declare an emergency
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Under the amended Rice Tariffication Law, the Department of Agriculture Secretary has the power to declare the said emergency due to supply shortage or extraordinary increase in prices. An effect of the declaration, Laurel said in a Malacañang briefing, is that the National Food Authority will be able to sell rice buffer stocks without waiting for these to age, as stated in the law.in the next harvest season,” said Laurel. According to the agriculture secretary, NFA warehouses are swamped, storing around 300,000 metric tons of rice.
“We have to technically start really selling or distributing the rice we have dahil importante makabili kami sa farmers sa tamang presyo.”
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