# NFA targeting to expand rice stocks by hiking buying price |  Ada Pelonia

> Bank economists warned that Philippine inflation could exceed 8% in November and December, driven by higher public transport fares, electricity rates and wages. They also cited stubbornly high global oil prices and the threat of El Niño to food supply. The National Food Authority is targeting a rise in rice stocks by increasing its buying price.

- Date: 2026-11-02 · published 2026-11-02T03:06:05.313Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/74635-nfa-targeting-to-expand-rice-stocks-by-hiking-buying-price-ada-pelonia
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A higher government buying price tightens domestic rice supply and supports local paddy prices, while El Niño risks add upside pressure on food costs.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-07-11 | [Centre raises buying price, rice exports set to fall from October](https://feedsoft.ai/events/63990-centre-raises-buying-price-rice-exports-set-to-fall-from-october.md) | +1.7% | -7.6% |
| RICE | 2022-08-29 | [India Seeks to Avoid Panic With Targeted Rice Export Curb - Bloomberg](https://feedsoft.ai/events/39985-india-seeks-to-avoid-panic-with-targeted-rice-export-curb-bloomberg.md) | +0.4% | +0.2% |
| RICE | 2023-02-23 | [Govt to continue rice export restrictions to ensure domestic price stability, adequate stocks](https://feedsoft.ai/events/37312-govt-to-continue-rice-export-restrictions-to-ensure-domestic-price-stability.md) | +0.8% | +1.4% |
| RICE | 2023-09-20 | [Export bans and stocking limits: are they working? \| Data - The Hindu](https://feedsoft.ai/events/34047-export-bans-and-stocking-limits-are-they-working-data-the-hindu.md) | +1.0% | -1.1% |
| RICE | 2022-05-27 | [Centre is monitoring India's rice stock: Concerns rise over an export ban \| Times Now](https://feedsoft.ai/events/41361-centre-is-monitoring-india-s-rice-stock-concerns-rise-over-an-export-ban-times.md) | -2.8% | -6.9% |

## Sources

- businessmirror.com.ph: https://businessmirror.com.ph/2026/10/28/nfa-targeting-to-expand-rice-stocks-by-hiking-buying-price/

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