The new buying price is due to the Buffer Stocking Incentive (BSI) of P4.00 and P2.00 per kilogram on the baseline buying price of P19.00 and P16.00 for dry and wet palay, respectively, to give farmers in Aklan and Capiz provinces more value from their palay harvest.

“The BSI may vary every week based on the ex-farmgate price,” said a NFA Capiz Branch news release.

The government’s new buying price for palay, as decided by the NFA Council, also aims to secure sufficient buffer stock for emergencies and calamities. 

Farmers who wish to deliver their harvested palay in any NFA warehouses only need to secure their certification from the Department of

“NFA also accepts walk-in farmers with no passbook in their first delivery and they can sell up to 200 bags in a single transaction. For their succeeding deliveries, a passbook is already required,” said NFA Capiz Branch Acting Public Information Officer Salve Mae Agustin.

The four warehouses under the NFA Capiz Branch are located at Brgy. Bolo in Roxas City, Brgy. Sta. Cruz in Dumalag town, Brgy. Mangoso in Sigma town, and the Aklan Grains Center in Brgy. Linabuan Sur in Banga, Aklan.

For services, queries and clarifications, the public may visit the NFA Capiz Branch Office in Brgy. Bolo and the other warehouses or concerns may be addressed through the Facebook Page of the NFA Capiz Branch Office. (AGP/AAL/PIA Capiz)