CITY OF MALOLOS — The National Food Authority (NFA) in Bulacan has already procured 59 percent of its palay procurement target this dry cropping season.

Rhona Talens, NFA officer in charge and branch manager in Bulacan, said in a text message that the grain agency is targeting to procure 103,000 bags of palay in the province for this rice cropping season.

The NFA Bulacan has procurement fund of P154.5 million on its target palay stocks and has been buying fresh palay on a price range of P17.00-P23.00 per kilo with moisture content ranging from 22 percent to 29.9 percent while clean and dry grains are being procured at P30.00 per kilo with a moisture content of 13 percent to 14 percent.

Talens also explained that the new NFA’s Price Range Scheme (PRICERS) is adjusted on a weekly basis that could be at par or above the prevailing ex-farm price of palay.

She pointed out that currently, their agency has already procured 61,247 bags of palay that is 59 percent of its target.

Talens said that based on their monitoring, Bulacan farmers have planted a total of 32,642 hectares of rice crops this summer and 43 percent, or 14,036 hectares of these have already been harvested.

The grain agency has three mechanical driers in its San Miguel, Bulacan facility that has a total of 480 bags capacity per 12 hours of operation, Talens noted.

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