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bworldonline.com - 7 month ago

NFA targets palay procurement of 880,000 MT

THE National Food Authority (NFA) said on Sunday that it plans to procure around 880,000 metric tons (MT) of palay, or unmilled rice, this year. The planned volume will allow the NFA to meet its commitment to maintain a minimum reserve requirement of 555,000 MT rice, which is equivalent to 15 days’ consumption, the NFA [ ]


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