NFA to auction off aging rice inventory

2026-02-06 - 21:46

The National Food Authority (NFA) is auctioning more than P900 million worth of aging rice stocks to generate additional funds and free up warehouse space for freshly harvested palay, or unmilled rice. In its invitation to bid, the NFA said it is offering 737,339 bags of milled rice, aged more than three months, valued at