NFA Raises Palay Buying Price to P30/Kilo, Doubles Procurement Limit Amid El Niño Threat
Economy

NFA Raises Palay Buying Price to P30/Kilo, Doubles Procurement Limit Amid El Niño Threat

The Philippines' National Food Authority (NFA) has raised its buying price for palay (unhusked rice) to P30 per kilogram and doubled the procurement limit per farmer to 500 bags, aiming to boost farmer incomes and national rice stocks amidst El Niño threats to agriculture.

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