NFA starts buying palay at higher prices

By Janine Alexis Miguel

Apr 23, 2024 12:36 am

THE National Food Authority (NFA) has started procuring palay (unmilled rice) from farmers at higher prices as part of its effort to increase its rice buffer stocks.

NFA Administrator Larry Lacson said on Monday that the NFA Council approved on April 11 a higher buying price for palay to improve the income of Filipino rice farmers, marking 'new era for NFA palay buying.'

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