NFA, pinag-aaralan ang posibleng pagbili ng mais para tulungan ang mga lokal na magsasaka sa pagbaba ng farmgate prices
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NewsTranscript
00:00The National Food Authority is now studying the possibility of buying corn to help local farmers in the middle of lowering farmgate prices.
00:09The NFA has now allocated Php 9 billion under the 2025 General Appropriations Act for the purchase of rice.
00:17The Department of Agriculture is targeting the purchase of budget in unprogrammed funds to be able to buy corn this year.
00:24Lawmakers have already called for the procurement of Php 800,000 metric tons of local corn that is worth Php 17 per kilo
00:34in the middle of lowering the demand of pork due to the effects of the African Swine Fever.
00:39The price of corn also dropped to Php 12 per kilo because of this.
00:43While the procurement of the product is still being studied,
00:46the NFA is ready to help local farmers by distributing seeds, fertilizers, machinery, and providing credit assistance.