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Palay procurement almost at 50% – NFA

THE National Food Authority (NFA) has procured almost half of its 2024 palay (unmilled rice) target for the year with additional purchases to be made during the wet season harvest.

During a warehouse inspection on Friday, NFA Administrator Larry Lacson said that they were targeting to buy 495,000 metric tons (MT) of palay this year and aiming to attain 60-percent procurement for this year during the wet season.