NFA exceeds rice procurement target in first six months of 2024

Defining the News

The National Food Authority said over the weekend it surpassed its revised palay procurement target in the first half of 2024 after procuring 3.37 million 50-kilogram bags.

“We are very pleased with the outcome of the NFA Council’s decision to raise palay procurement price. We will continue with this program to ensure our rice farmers enjoy the fruits of their hard work,” he said. “We continue to scour the countryside for additional palay that we could buy to bolster the national buffer stock,” he said.

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MlaStandard /  🏆 20. in PH

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