Thursday, June 12, 2008

CL has enough rice for 'gawat'

CABANATUAN CITY - About 2.4 million bags of rice arestored in National Food Authority warehouses inCentral Luzon, ensuring ample supply of the stapleduring the traditional lean months of June toSeptember, grains officials said on Thursday.

Engr. Nicolas Crisostomo, NFA-Region 3 director, saidthe volume strategically positioned in the agencywarehouses is even supplemented by 1.8 million bags incommercial sector.

He said that Central Luzon, a rice producing region,"is better prepared" for the anticipated tight supplyduring lean period. An inventory, Crisostomo said, showed that thepresent stocks that include private and households'will last up to 95 days based on daily riceconsumption requirement of 69,700 Bags.

Besides existing stocks, the food agency is stillexpecting to receive a tentative volume of 577,000bags of imported rice which represent the balance ofCentral Luzon as 2008 import allocation.

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