The National Food Authority is mulling over entering into contract growing agreement with rice farmers in the dry season to guarantee its buffer stocks, high-ranking agriculture officials said.
Under the agreement, the rice farm clusters would receive various interventions from the DA like seeds and fertilizers in exchange for selling a share of their harvest to the NFA for its buffer-stocking mandate. Sebastian said the rice buffer-stocking agency is finding a hard time competing with rice traders since they are buying palay well-above the NFA’s buying price.
“Kung pupuntahan ka ng traders sa bukid, tapos NFA pupuntahan mo sa opisina, saan ka pupunta?” Sebastian said.
Source: News Formal (newsformal.com)
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