NFA wants additional rice imports

State-run National Food Authority (NFA) wants to import an additional 500,000 metric tons (MT) of rice to boost its inventory and ensure the availability of low-priced rice for the rest of the year.

NFA Administrator Jason Y. Aquino said the grains agency was targeting an October arrival for the shipments, which he described as “backup plan” to prevent a repeat of an inventory depletion.