NFA hikes rice imports by 200,000 MT after Glenda

THE National Food Authority (NFA) hiked its rice import plan by another 200,000 metric tons in the wake of Typhoon Glenda and the high rate of withdrawals in government-owned warehouses.

In a media briefing, Presidential Assistant for Food Security Francis Pangilinan said the government plans to boost the country’s buffer stock by another 200,000 MT to curb a fresh round of likely price increases as a result of the damage caused by the typhoon to the rice sector.