NFA palay purchases slump despite improved pricing

MANILA, Philippines — Crowded out by private traders’ aggressive buying, the unmilled rice or palay purchases of the National Food Authority (NFA) slumped by nearly 95 percent in recent months despite the higher prices offered by the government grains agency. The NFA purchased 13,127 metric tons (MT), or 262,540 bags, of palay from January to the […]... Keep on reading: NFA palay purchases slump despite improved pricing

Original source: Philippine Daily Inquirer