NFA to sell aging rice stocks to free up warehouses

MANILA, Philippines — The National Food Authority (NFA) is set to auction more aging palay (unmilled rice) and rice stocks to free up warehouse spaces for fresh harvests, boost cash flow and prevent spoilage. NFA Administrator Larry Lacson said the NFA Council has approved the auction of 232,141 metric tons (MT) of palay and 62,890

By cbuban