The state-run grains agency reported that it held 2.94 million 50-kilogram bags of rice or about 147,199 metric tons at the end of June, which was 142 percent over last year ’s 60,820 MT inventory.
At the end of June, the NFA had 4.32 million 50-kilogram bags of palay or about 216,000 MT.
The NFA noted that it procured 3.43 million 50-kilogram bags of palay or about 171,608 MT in the second quarter, exceeding its target of 101,010 MT.
This story is from the August 15, 2024 edition of The Philippine Star.
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This story is from the August 15, 2024 edition of The Philippine Star.
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