# Only 80,000 sacks of aging rice stocked in NFA warehouse, says exec | GMA News Online

> The Philippine National Food Authority said it holds about 80,000 sacks of aged rice in its warehouse, sold at P29 per kilo in Kadiwa centers. This responded to a Department of Agriculture warning that six million bags may rot if not disposed of soon.

- Date: 2024-12-17 · published 2024-12-17T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/11561-only-80-000-sacks-of-aging-rice-stocked-in-nfa-warehouse-says-exec-gma-news
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Limited government stock levels reduce the risk of a large public rice sale pressuring Philippine or world prices. The dispute over stock quality may affect import planning.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-10-10 | [NFA sets just 4 labels for rice \| GMA News Online](https://feedsoft.ai/events/62619-nfa-sets-just-4-labels-for-rice-gma-news-online.md) | -0.6% | -2.7% |
| RICE | 2019-09-14 | [DTI mulls setting SRP for imported rice \| GMA News Online](https://feedsoft.ai/events/57145-dti-mulls-setting-srp-for-imported-rice-gma-news-online.md) | +2.9% | +0.8% |
| RICE | 2017-04-05 | [Papua New Guinea paying more for rice than we should — EMTV ONLINE](https://feedsoft.ai/events/71585-papua-new-guinea-paying-more-for-rice-than-we-should-emtv-online.md) | +1.9% | -4.3% |
| RICE | 2017-08-07 | [FCI rice stocks balloon on export barrier, OMSS failure - India News \| The Financial Express](https://feedsoft.ai/events/69409-fci-rice-stocks-balloon-on-export-barrier-omss-failure-india-news-the-financial.md) | +1.3% | +2.7% |
| RICE | 2022-09-16 | [Why low stocks of rice, wheat and sugar shouldn’t push India to curb exports \| The Indian Express](https://feedsoft.ai/events/39563-why-low-stocks-of-rice-wheat-and-sugar-shouldn-t-push-india-to-curb-exports-the.md) | -2.4% | -5.9% |

## Sources

- gmanetwork.com: https://www.gmanetwork.com/news/topstories/nation/930229/only-80-000-sacks-of-aging-rice-stocked-in-nfa-warehouse-says-exec/story/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.