The government could purchase as much as 20 percent of the total palay (unmilled rice) production instead of the current five percent with the implementation of a new policy mandating agencies to procure food directly from farmers.
After many years, the government is still only capable of purchasing around five percent of the country’s entire palay output, primarily through the National Food Authority (NFA), due to restrictions imposed by law and limited procurement budget.
This means that the majority of the supply is bought by traders and the private sector, making farmers vulnerable to lower farmgate prices dictated by external factors rat
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