The National Food Authority (NFA) is seeking a budget of P27 billion from the national government for its 15-day rice buffer stock requirement for 2026.
The vast majority of Arkansas’ rice crop has been planted, but some of the acres that were projected for the crop may turn into soybean acres due to floods earlier this spring and subsequent rains since then.
THE National Food Authority (NFA) said it will augment its storage capacity for rice by 200,000 metric tons (MT) within two years to enable more grain purchases from farmers.
Average retail prices of rice at the national level decreased in early May while prices of meat increased amid the Department of Agriculture’s (DA) interventions to stabilize retail prices, according to the Philippine Statistics Authority (PSA).
© Copyright 2025 The SSResource Media.
All rights reserved.