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NFA OKs more competitive P30/k palay buying price

State-run National Food Authority is optimistic that it can now compete better with private traders in buying local palay after it was allowed to purchase palay or unmilled rice by as much as P30 per kilogram......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

NFA fails to meet palay procurement target in February

The National Food Authority continues to struggle in beefing up its rice buffer stock as its buying price remains uncompetitive against private traders, worsened by lesser harvest in February......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

SRA allots P66-M fund for El Niño mitigation measures

SRA allots P66-M fund for El Niño mitigation measures.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

Negros Occidental allots P2-M for energy development initiatives

Negros Occidental allots P2-M for energy development initiatives.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Bumper harvest of palay seen in Q1

Despite threats of El Niño, the country’s palay output in the first quarter likely inched up year-on-year to over 4.8 million metric tons on the back of higher yield......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

‘Palay, rice prices to decline as harvest season peaks’

Palay and rice prices are expected to continue going down with the peak harvest season, according to farmers’ group Federation of Free Farmers......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

DA: Palay production hit 20.06 million MT in 2023

Palay production hit a record high of 20.06 million metric tons in 2023, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

NFA mulls hike in selling price

The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Remove the chaff from the grains

Other than the questioned selling of the buffer stock of rice to traders, what’s happening at the National Food Authority (NFA)? With 132 of around 2,000 NFA officials and employees all around the country suspended for six months without pay, this agency attached to the Department of Agriculture (DA) is struggling to stay relevant in the over-all schemes of the government on food security......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

NFA head, 138 others suspended

National Food Authority administrator Roderico Bioco and 138 other officials and employees involved in an alleged anomalous sale of NFA rice to two traders were placed yesterday on preventive suspension for six months......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Unmask NFA exec blocking documents – Laurel

Agriculture Secretary Francisco Tiu Laurel Jr. is trying to unmask the official of the National Food Authority (NFA) who was allegedly blocking the release of documents to the Office of the Ombudsman......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Rot and rats at the NFA

“The Secretary wants that the NFA will be back to normal operation as soon as possible,” De Mesa stressed......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

DA chief orders transfer of suspended NFA supervisors’ authority

The transfer of authority of suspended warehouse supervisors of the National Food Authority has been ordered by Agriculture Secretary Francisco Tiu Laurel Jr. yesterday as NFA facilities remain closed amid the suspension order of the Office of the Ombudsman......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

NFA gets new OIC amid suspensions

The National Food Authority Council yesterday appointed former Bureau of Plant Industry director Larry Lacson as officer-in-charge of the NFA after a special meeting presided over by Agriculture Secretary Francisco Tiu Laurel Jr......»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

NFA ordered to submit documents on P93 million rice sale

Ombudsman Samuel Martires on Thursday went to the National Food Authority main office in Quezon City to personally serve a subpoena that would compel the agency to submit several documents in connection with the alleged anomalous sale of P93.75 million worth of NFA rice to two traders......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

House probe on irregular sale of NFA rice set on March 7

The House agri committee will investigate on Thursday the disadvantageous sale of 75,000 sacks of deteriorating or aging rice by the NFA......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Laurel tells officials in NFA controversy to file leave

The administrator of the National Food Authority and another official who had accused him of illegally selling NFA rice to selected traders have been asked to take a leave of absence while an investigation is ongoing......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Complaint filed at OP exposes ‘mafia’ at NFA

The unraveling of the alleged “mafia” inside the National Food Authority started with the filing of a formal complaint at the Office of the President accusing NFA Administrator Roderico Bioco of being behind the alleged questionable sale of rice to some traders......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024