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Buffer stocking scheme prompts farmers to sell palay to NFA

ROXAS CITY, Capiz (PIA) -- More farmers have sold their palay harvest to the National Food Authority (NFA) since September 20 as the Buffer Stocking Incentive (BSI) increased the government’s buying price for both fresh wet and dry palay amid the harvest season.

Based on data, the NFA procured a total of 40,681 bags of palay from farmers in Capiz and Aklan provinces between September 20 and October 17 this year.

The figure is higher than the 40,351 recorded procurements for the same period in 2022.

NFA’s warehouse men accommodated palay farmers selling their harvest at a warehouse in Brgy. Bolo, Roxas City. (NFA Capiz Branch Office photo)

The higher buying price is due to the BSI of P4.00 and P3.00 per kilogram on the baseline buying price of P19.00 and P16.00 for dry and fresh wet palay, respectively, to give farmers more value from their palay harvest.

In a social media post, the NFA said that the BSI may vary every week based on the ex-farmgate price or the private rice traders prevailing rates for each kilo.

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 Agriculture – Municipal Agriculture Office (DA-MAO) of farm area registered on DA’s Registry System for Basic Sectors in Agriculture (RSBSA) List, indicating their hectarage for palay to have an individual passbook.

Meanwhile, farmers cooperatives or associations that have no master’s passbook only need to submit certificates from the Cooperative Development Authority (CDA), the Securities and Exchange Commission (SEC), or any registration certificates from concerned government agencies.

The NFA Branch Office also accepts walk-in farmers with no passbook in their first delivery for up to 200 bags in a single transaction. However, for their succeeding deliveries, a passbook is already a requirement.

FILE PHOTO. NFA Capiz staff conducted assessment of standing crop. (NFA Capiz Branch Office photo)

Interested farmers may access the four warehouses under the NFA Capiz Branch 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, to sell their palay.

The NFA Branch Office may also be contacted through its Facebook page, NFA Capiz Branch -Office, or by personally visiting the office in Brgy. Bolo, Roxas City, and the other warehouses for any related concerns, services, queries, and clarifications. (AGP/AAL/PIA Capiz with reports from NFA Capiz)

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