NFA Speeds up Purchase of Bulacan Rice Harvest After Warehouse Capacity Is Released - RMN Networks

The National Food Authority (NFA) may once again purchase the rice harvest of local farmers in Bulacan. If you recall, the NFA's purchase of rice was temporarily halted due to lack of space in their warehouses. This resulted in the exploitation of sly traders, who inflated the price of rice to as much as P11.50 per kilo, which is lower than the estimated production cost of P12 to P14. Farmers each have their own strategies. Some of them have a…