NFA steps up palay buying as buffer stock in Negros Occidental drops

BACOLOD CITY — The National Food Authority (NFA) in Negros Occidental has intensified its palay procurement program to bolster its dwindling buffer stock, an official said on Thursday, Oct. 22. NFA Negros Occidental Branch Manager Cherrybeth Gevero said their buffer stock has critically dropped to one-day supply, far below the agency’s mandated 15-day reserve. To rebuild the stock, the NFA aims to procure 100,000 bags of palay in Negros Occidental this year. READ: Farmgate palay prices rebound after 4-month import halt — DA “We are encouraging more farmers to sell their palay to the NFA to help us secure sufficient buffer […]... Keep on reading: NFA steps up palay buying as buffer stock in Negros Occidental drops