July 10, 2022
News
global nation
business
lifestyle
entertainment
technology
sports
opinion
The National Food Authority says the country has enough rice supply for more than nine days. Inquirer file photo.
MANILA, Philippines — The government is on track to achieving food security for the country, especially in terms of rice, with enough supply to last over nine days, an official from the National Food Authority (NFA) said on Tuesday.
“If we’re going to talk about rice, we are on track; in fact, in less than a year from having only one day’s worth of buffer stock, we now have 9.36 days,” NFA Administrator Larry Lacson, speaking in Filipino, said in a Palace briefing.
FEATURED STORIES
NEWSINFO
DepEd orders principal to explain graduation day commotion over attire
NEWSINFO
Marcoses spend Maundy Thursday, wedding anniversary at Suba Beach
NEWSINFO
Flight returns to Manila after engine trouble – CAAP
That was his answer when asked if the rice supply is on track with the Marcos administration’s food security goal for the country.
READ: NFA seeks P9 billion additional budget to increase rice buffer stock
He further said, “So, we are on track and we are continuously increasing our buffer stock for rice; we all know that rice is the primary gauge for food security.”
Lacson added that they are targeting a rice buffer stock of up to 15 days before the year ends. This goal is estimated to cost P8 billion.
Article continues after this advertisement
He also said that there are ongoing modernization programs for the country’s warehouses to accommodate the increased buffer stock.
The country currently has 358,000 metric tons of rice, which is enough to feed everyone for 9.36 days in case of an emergency or supply shortage.
As of March 31, the NFA has bought 2.2 million bags of palay from farmers across the nation.
Your subscription could not be saved. Please try again.
Your subscription has been successful.
READ NEXT
Imee on friendship with VP Sara: We also get annoyed with each...
LTFRB summons operator, driver of bus in NLEx accident
EDITORS' PICK
Marcoses spend Maundy Thursday, wedding anniversary at Suba Beach
NBA notes officiating errors late in Warriors vs Grizzlies game
DepEd orders principal to explain graduation day commotion over attire
PCG: Over 60,000 passengers at PH ports on Maundy Thursday
UAAP Final Four race: Crunch time for La Salle, UST, FEU, UP
PDEA: 84 drivers test positive for drug use in Holy Week ops
MOST READ
DepEd orders principal to explain graduation day commotion over attire
Ex-Pres Duterte's ICC battle heats up ahead of trial
Nora Aunor, Superstar and National Artist, dead at 71
Alex Eala suffers round of 16 exit at Oeiras Ladies Open
newsinfo
Marcoses spend Maundy Thursday, wedding anniversary at Suba Beach
sports
NBA notes officiating errors late in Warriors vs Grizzlies game
newsinfo
DepEd orders principal to explain graduation day commotion over attire
newsinfo
PCG: Over 60,000 passengers at PH ports on Maundy Thursday
sports
UAAP Final Four race: Crunch time for La Salle, UST, FEU, UP
newsinfo
PDEA: 84 drivers test positive for drug use in Holy Week ops
newsinfo
DepEd orders principal to explain graduation day commotion over attire
globalnation
Ex-Pres Duterte's ICC battle heats up ahead of trial
entertainment
Nora Aunor, Superstar and National Artist, dead at 71
sports
Alex Eala suffers round of 16 exit at Oeiras Ladies Open
business
Philippine debut: Vietnamese firm builds $15.8-M Bataan solar project
business
Start of a new era for Conti’s
TAGS: buffer stock, National Food Authority, rice
Your subscription could not be saved. Please try again.
Your subscription has been successful.
Disclaimer: Comments do not represent the views of INQUIRER.net. We reserve the right to exclude comments which are inconsistent with our editorial standards. FULL DISCLAIMER
© Copyright 1997-2025 INQUIRER.net | All Rights Reserved
This is an information message
We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.
