The National Food Authority (NFA) will sell well-milled rice at P32 per kilogram in addition to its regular-milled rice that sells for P27/kg.
NFA Administrator Orlan A. Calayag said the newly milled local rice will be sold in major Metro Manila markets to provide consumers with an alternative choice of high quality rice at a cheaper price.
The markets are Munoz, Pritil, Frisco, Trabajo, Paco, Dagonoy and Commonwealth.
“The NFA’s prices of P27/kg for regular-milled and P32/kg for well-milled rice shall close the minimum P2.00/kg gap between the government and commercial rice prices, giving consumers an alternative choice of the kind of rice they can afford to buy,” Calayag said.
At the onset of the lean months in July, NFA rice monitoring teams noted that prices of commercially sold regular and well-milled rice were rising.
As of July 15, the price of regular and well-milled rice ranges at an average of P29/kg and P35/kg, respectively.
Although major urban areas are the priority in selling well-milled rice, it will also be made available in other areas where there is a wide gap in prices between government and commercial rice.
Calayag explained that the lean months from July to September is when there is very little harvest from local farms. It is also the period when typhoons and other natural calamities occur.
“It is at this time when the NFA is required to be pro-active and vigilant in ensuring the continuous availability of our basic staple rice in the markets but equally important is to make it affordable to all consumers nationwide,” Calayag said.
Calayag said the country has a sufficient buffer stock of rice, which stands at 2.4 million metric tons or 48,384,000 bags of 50 kg., which is good for 71 days.
The NFA holds 692,000 MT or 13.8 million bags representing 28 percent of the total stock. The commercial sector holds 776,400 MT or 15.5 million bags, which is 32 percent of the total, while the bulk or 40 percent 958,200 MT or 19.1 million bags are kept in households.
JAMES KONSTATIN GALVEZ