Some retailers hesitant to buy stockpiled rice on quality concerns

Some retailers hesitant to buy stockpiled rice on quality concerns

Smaller shops in Japan are worried that older batches might not taste as good, which could cause customers to take their business elsewhere.

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…