Local rice stocks surge by 24.4% as corn supplies dip

Jordeene B. Lagare - @inquirerdotnet 12/06/2024

Local rice stocks increased by 24.4 percent to 2.46 million metric tons (MT) as of November 1, compared to 1.98 million MT a year earlier, according to the Philippine Statistics Authority (PSA). This growth is driven by…

PH remains as the world’s top rice importer

Jordeene B. Lagare - @inquirerdotnet 10/14/2024

The Philippines is expected to import more rice this year and next, keeping its position as the world’s top rice importer due to the impact of El Niño, La Niña, and recent typhoons on local production. According…

NFA buys 2.93 million bags of palay from local farmers

Jordeene B. Lagare 06/01/2024

The National Food Authority (NFA) is on track to exceed its goal for buying locally grown palay (unhusked rice) for the first half of this year after increasing purchase prices. On Friday, the NFA announced it had…

Capitol to resume sale of cheap rice at P29 per kilo

Pia Piquero 05/18/2024

CEBU CITY, Philippines – The Cebu Provincial Government is set to resume selling cheap rice to the “poorest of the poor” residents of the province. However, it will now be priced at P29 per kilo instead of…

PH still the world’s top rice importer

Jordeene B. Lagare 05/13/2024

The Philippines is likely to remain the world’s top rice importer, according to the US Department of Agriculture (USDA). This year, rice imports are projected to rise to 4.1 million metric tons, a 5.1 percent increase from…

Cebu to sell NFA rice at P20/kilo soon —Gov. Gwen Garcia

10/27/2023

MANILA, Philippines – The province of Cebu will be the first to sell rice from the National Food Authority (NFA) at P20 per kilo, fulfilling the campaign promise of President Ferdinand “Bongbong” Marcos Jr. Cebu Governor Gwen…

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