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PIA Press Release
2009/02/11

NFA Misamis Oriental assures public of enough rice supply

by Rutchie Cabahug-Aguhob

Cagayan De Oro City (11 February) -- "There is no rice shortage in Misamis Oriental as claimed by some sectors."

Thus came the emphatic reply of Victoria Real-Duray, Provincial Manager of the National Food Authority (NFA), to questions why prices of commercial rice are increasing and apprehensions of general public on the traders' speculative moves.

As of February 9, 2009, NFA Cagayan de Oro City have some 305,000 bags of rice which is more than enough to satisfy the 45-day rice requirements of Misamis Oriental, even while palay harvest is still going on in some adjacent provinces.

Milling of palay in Bukidnon is ongoing right now and a great volume of these stocks will be transferred to Cagayan de Oro City for positioning in time for the lean months. Hence, talks that increasing prices of commercial rice already signals the rice shortage is not true, Duray said.

Meanwhile, she said prices of NFA rice remain the same. Since 2008, there were four (4) rice varieties available for selling to satisfy varied needs of consumers.

For the poorest of the poor beneficiaries identified by the Department of Social Welfare and Development (DSWD) at PhP 18.25 and commercial grade of 25% broken grains at PhP25 which are highly subsidized by the government.

Premium rice varieties of 15% broken grains at PhP30 and special rice varieties of 5% broken grains at PhP35.

On the other hand, the prevailing commercial price of regularly milled rice is sold at PhP 30-32 per kilogram and well milled rice at PhP33-34 per kilogram.

These prices still fall within the normal and acceptable price considering that the NFA buying prices of palay is now at PhP16-17 per kilogram. Converting that into rice form, from milling to selling points, the above prices are deemed within the acceptable range, Duray said. (PIA-10) [top]

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