THE National Food Authority (NFA) assured Wednesday that there is enough supply of rice during these lean months until August.
NFA Administrator Orlan Calayag made the assurance amid the rising price of rice in the markets throughout the country.
“We have an adequate supply of rice that is more than sufficient enough to last the lean months of this year,” he said, noting that the country’s total stock inventory for the staple is at 2.4 metric tons, which has an equivalent of 483,840,000 sacks.
“This registered available rice supply is good to last for 71 days based on the country’s daily domestic requirement of 34,000 metric tons or an equivalent of 680,000 sacks,” he added.
Meanwhile, in order to ensure that there will be no speculations to drive the price of rice in the markets, Calayag ordered NFA field offices to strictly monitor rice movements, and the same with its price, in markets nationwide.
Prices of rice rose by as much as P2 per kilo this month. (SDR/Sunnex)