Friday

NFA assures enough stocks to stabilize rice prices

by Jun Colo
DESPITE the continued rise of petroleum products, the National Food Authority (NFA) believes the price of rice will continue to be stable particularly in Ormoc with the arrival of a new shipment next week, according to Senior Grains Operations Officer Victorino H. Dagoy.

Some 20,000 sacks of rice will arrive from Cebu on Apr. 7. The expected rice is rated 5% broken or having the same quality as with the commercial variety. Which is not a bad deal considering NFA rice sells for P27 a kilo compared to P35-36 a kilo of the commercial variety. Dagoy finds it unlikely that retailers in Ormoc mix NFA rice with the commercial variety as their inspectors regularly monitor the stores.
(West Leyte Weekly Express issue of Apr. 18-24, 2011)

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