Thursday, August 02, 2007

NFA head assures public of sufficient rice on lean days

CABANATUAN CITY - About 1.5 million bags of rice imported from Vietnam were distributed to seven provinces in Central Luzon to beef up their respective buffer stocks over the weekend.

The engineer Nicolas Cri­sos­tomo, regional director of the National Food Authority in Region 3 said that the province of Aurora received 40,000 bags; Bataan,111,000; Bulacan, 397,000; Nueva Ecija, 280,000; Pam­panga, 370,000; Tarlac, 185,000 and Zambales, 86,000.
The rice was shipped from Vietnam to Subic Freeport via seven vessels last week, Cri­sos­tomo continued.

“By injecting the markets with these cheaper and good quality NFA rice stocks, the commercial prices of rice remained stable at this time when supply is at a traditional low because of the planting season,” Crisostomo said.

Another batch of 2 million bags of rice is due to arrive on September, an allocation for the typhoon season, he added. -Armand M. Galang

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