Friday

NFA to start buying palay

CABANATUAN CITY – The National Food Authority in Central Luzon is now ready for its intensified palay procurement for the main harvest season starting mid-September until the end of the year, according to NFA Region 3 Director Nicolas Crisostomo.

Despite of the recent typhoons, NFA is anticipating another round of good harvest and Crisostomo assured farmers that their produce will get a fair value with the current government support price of P17 per kilo.

Crisostomo said last summer cropping season, farmers benefited from the highest ex-farm prices offered by traders in recent years ranging from P18/kg to P21/kg.

Crisostomo also announced that the procurement target for Region 3 has been increased to 1.266 million, as he allayed fears that commercial traders would not be as aggressive in buying palay this coming harvest.

“All is now set and this is to adequately complement the buying operations of private traders and maintain a profitable level of ex-farm prices,” he said.

Crisostomo added that to attain the food agency’s procurement target, a total of 23 buying stations in the region have been put up to accommodate farmers who will sell their palay to the NFA.

“In addition, the NFA will mobilize 10 mobile procurement teams to serve farmers in far-flung areas where ex-farms prices are showing a decreasing trend against the government support price,” he said.

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