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Stocks in the National Food Authority (NFA) depositories, however, plummeted by 44.8 percent to 114,910 MT.
Source: https://business.inquirer.net/394704/philippine-rice-corn-inventory-shrank-in-january
The National Food Authority (NFA) led by President Ferdinand R. Marcos Jr. will start buying palay or unhusked rice at a maximum price of P23 per kilo amid the ongoing harvest season to help boost farmers’ income.