Some retailers hesitant to buy stockpiled rice on quality concerns
Summary by The Japan Times
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NFA Steps Up Rice Buying Efforts As Floor Price Study Underway
The National Food Authority (NFA) is intensifying its palay procurement operations nationwide as the government evaluates a proposed floor price for unmilled rice to protect farmers from unfair trading practices and stabilize the market. In an interview over Radyo Pilipinas on Thursday, NFA Administrator Larry Lacson said that newly reopened warehouses in Bulacan, Zamboanga, Cagayan Valley, and other rice-producing areas are now operational. “It…
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