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Articles by Larry Lacson
NFA says rice imports could prevent food insecurity amid US import plans
MANILA, Philippines — The National Food Authority (NFA) said rice imports could help maintain supplies and prevent food insecurity in the country following reports of plans to import large volumes of rice from the United States. NFA Administrator Larry Lacson clarified on Tuesday, October 13, that the rice importation plans were initiated by a private rice industry stakeholder group and the government has no involvement in the matter. “Hindi po sa atin dumadaan ang mga permit or whatever niyan.
NFA expands storage to boost palay buying, rice program
The National Food Authority (NFA) is expanding its warehouse capacity in Tarlac to enable the state grains agency to buy more palay from local farmers and strengthen the government’s rice supply program. The NFA is leasing 1,782 square meters of warehouse space from SL Agritech Corp. in Barangay Masalasa, Victoria, Tarlac, adding storage capacity for approximately 100,000 bags of palay. The facility is targeted for occupancy beginning October 1. Agriculture Secretary Francisco P.
NFA boost rice stocks, modernization drive on 54th year
The National Food Authority (NFA) is ramping up rice procurement, distribution and infrastructure modernization as it marks its 54th anniversary, with Agriculture Secretary Francisco P. Tiu Laurel Jr. underscoring the agency’s continuing role in keeping rice available and affordable.
NFA auction exceeds cash target, clears space for palay procurement
The National Food Authority (NFA) successfully auctioned off nearly 90 percent of its aging rice stocks on Friday,February 20, generating higher-than-target revenues and freeing up warehouse space for fresh palay procurement. Agriculture Secretary Francisco P. Tiu Laurel Jr., who also heads the NFA Council, welcomed the strong turnout and results.
Stricter regulation sought amid rice retail price uptick
MANILA, Philippines — Stricter regulation is needed to curb the rising retail prices of rice, an agricultural group said yesterday. Samahang Industriya ng Agrikultura (SINAG) executive director Jayson Cainglet told The STAR that there is a problem in inefficiency and market concentration in the value chain. “There is a big margin in the intermediaries. There is a disconnect between the farm gate to retail prices,” he said.
Palay prices decline as harvest season starts
MALOLOS, Bulacan, Philippines — Palay prices have declined by an average of at least P1 per kilo as farmers who planted early for the dry cropping season started harvesting their crops. Palay and rice traders at the Intercity Industrial Estate and Golden City Business Park in Bocaue, two major rice trading centers in Luzon, confirmed to The STAR that prices of the staple averaged at P31 to P32.50 per kilo on Friday, and decreased to P30 yesterday.
P20 per kilo rice extended to lower middle class
MANILA, Philippines — The government is set to expand the availability of the P20 per kilo rice to an estimated 15.6 million lower middle class households by January.
NFA rice auction breakthrough frees warehouse space, to boost farmers’ support
The National Food Authority finally scored a decisive win on Friday, December 5, successfully tendering nearly 16,000 metric tons of aging rice—an outcome the grains agency had been chasing for months. “The bidding result allows us to award 315,000 bags, a volume that frees up warehouse space for more palay procurement to boost our farmers’ income,” NFA administrator Larry Lacson said. Agriculture Secretary Francisco P.
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