Philippine rice producers are encouraged to sell their produce to theNational Food Authority (NFA) in a bid to attain the country’s 100percent rice sufficiency target by 2014.
Maria Elaine M.Respecio, an NFA economist in Davao City , said Davao Region has atotal rice inventory of more than 270,000 sacks.
Of the total,95 percent are imported mostly from Vietnam while the other fivepercent are sourced locally from Davao del Sur, Davao del Norte, DavaoOriental and Compostella Valley .
As of October 24, some13,600 sacks of rice were sold by local farmers to the agency toincrease rice supply sourced locally and to reduce rice imports.
Different NFA buying stations were also set up, and farmers could sell their products at the price of 17 pesos per kilo.
The agency is also creating incentives to encourage more farmers to sell their rice produce to them.
The NFA will give farmers an additional 20 centavos a kilo if theydeliver rice to buying stations and another 20 centavos a kilo ifdelivered dry. If they belong to a cooperative, they get another 30centavos a kilo.-VNA
Maria Elaine M.Respecio, an NFA economist in Davao City , said Davao Region has atotal rice inventory of more than 270,000 sacks.
Of the total,95 percent are imported mostly from Vietnam while the other fivepercent are sourced locally from Davao del Sur, Davao del Norte, DavaoOriental and Compostella Valley .
As of October 24, some13,600 sacks of rice were sold by local farmers to the agency toincrease rice supply sourced locally and to reduce rice imports.
Different NFA buying stations were also set up, and farmers could sell their products at the price of 17 pesos per kilo.
The agency is also creating incentives to encourage more farmers to sell their rice produce to them.
The NFA will give farmers an additional 20 centavos a kilo if theydeliver rice to buying stations and another 20 centavos a kilo ifdelivered dry. If they belong to a cooperative, they get another 30centavos a kilo.-VNA
