CABANATUAN CITY - Central Luzon farmers enjoy a considerably high farm-gate prices of palay as harvest season starts in the central plains, grains officials said.
According to the National Food Authority (NFA) Central Luzon the clean and dry palay prices in the region’s seven provinces ranged from P10.50 to P12.50 per kilogram averaging at P11.61/kg, based on data gathering the agency conducts.
Skin dry, or freshly harvested palay, on the other hand, is sold at P9.78 to P12 a kilogram averaging at P10.36/kg, the NFA data showed.
NFA Region 3 Director Nicolas Crisostomo said that the stable prices of palay in the region is a good sign for farmers even as the food agency is poised to buy around 165,000 bags of palay for the last quarter of the year or during the main harvest season.
Crisostomo said that the competitive price in the private markets gives them the opportunity to concentrate on procuring paddy from far-flung areas in the region. He created at least 11 mobile procurement teams that were initially dispatched to cater to farmers in those areas to ensure they will get a fair price for their produce.
The NFA has put up 41 buying stations throughout the region even as the agency readied a total of P5 million as procurement budget in Central Luzon which, Crisostomo said, will be augmented as the need arises to avoid delays in payment, he stressed.
The NFA buys palay from farmers at P10/kg with an additional incentive of P0.50/kg for farmer cooperatives.
Central Luzon includes the provinces of Nueva Ecija, Aurora, Tarlac, Bulacan, Bataan, Zambales and Pampanga. (Armand M. Galang)
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