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PIA Press Release

NFA assures enough rice supply for Bicol

by MA Loterte and N Mediavillo

Legazpi City (23 October) -- Bicol will have an adequate supply of rice enough for the next three months, from October to December this year, according to the top official of the National Food Authority (NFA) regional office here.

Edgar Ventulan, NFA Bicol regional director, said the agency maintains a rice stock position of at least 1.7 million bags of rice ready for disposal in the next three months.

Ventulan said that NFA has a buffer stock including the 1.150 million bags of imported rice and some.683 million bags acquired through the agency’s rice procurement program.

Among the provinces of the region, Albay has a stock position of 650,382 bags that can last up to 123 days, Camarines Sur with 227,351 good for 44 days; Sorsogon, 99,931 for 67 days; Camarines Norte, 92,722 for 69 days; Masbate, 50,174 for 36 days; and, Catanduanes has some 30,412 good for 22 days.

He added that some 1.051 bags of palay were also purchased by NFA from the local farmers under the palay procurement program.

The agency, according to Ventulan, has purchased some 750,673 from Camarines Sur, 127,131 from Albay, 84,979 from Camarines Norte, 44,638 from Masbate, 40,638 from Sorsogon, and 3,971 from Catanduanes.

The director related that the daily rice consumption in Bicol pegs at 42,980 bags, while the daily average sale of the agency is around 16,000 bags.

Rice importation for this year for Bicol allocation is some 2.6 million bags.

"We expect to import more next year since palay production, according to Dr. Jose Dayao, Department of Agriculture (DA) Bicol regional director, is expected to go down until the end of this year following several typhoon that wrought havoc to our rice plantations in the region," Ventulan noted. (PIA V/RNB) [top]

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