NegOcc to get 350,000 bags of rice as buffer stock

11.08.2016

THE National Food Authority (NFA) in Negros Occidental is expected to get 350,000 bags of rice as buffer stock for August and September this year, its top official said August 10.

Marianito Bejemino, provincial manager of NFA-Negros Occidental, said the national agency is expected to ship to the province about 120,000 bags of imported rice this month, and another 120,000 bags in September.

Bejemino said the supply, which will be sourced from Vietnam or Thailand, is the first imported rice allocation to be transported to Negros Occidental as additional buffer stock this year.

The province is also scheduled to receive some 40,000 bags and 70,000 bags as additional stocks for August and September, respectively, from NFA Western Visayas in Iloilo City.

“We want to ensure food security by maintaining rice supply at a comfortable level and also ensure the availability of the P27 per kilo NFA rice in local markets,” Bejemino said.

NFA-Negros Occidental records showed that as of August 5, the province has a total inventory of almost 1.8 million bags of rice, which will last for 77 days with its daily average consumption of 22,220 bags.

Of the total inventory, the commercial sector has 1,135,967 bags; household sector, 328,929 bags; and government sector, 281,873 bags.

Despite the existing stable supply plus the expected harvest by October, Bejemino said additional stocks are still needed as possible adverse effects of La Niña to local rice production is projected to hit by last quarter of the year.

With La Niña, standing crops are vulnerable to huge damage and production losses brought by flooding and typhoons, he added.

“Thus, we are making sure that we have sufficient reserve until the end of the year especially during emergency cases,” he added.



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