NFA hikes palay buying from farmers 322 SHARES Share it! For the longest time, NFA has been struggling to buy palay from local farmers because of its low buying price, which was set at P17 per kilogram (/kg). “This means that given the right price, the NFA will be able to buy more from our farmers,” Escarez said. For clean and dry palay, the total buying price of NFA can now reach as much as P20.70 per kilogram because of it. “At a time when private traders were buying at P20.28 or lower than the NFA buying price, our farmers decided to sell to us instead,” Escarez said.

Source: Manila Bulletin December 04, 2018 13:52 UTC