# NFA doubles palay price purchase limit, raises buying price to boost farm incomes and secure supply

> The Philippines' National Food Authority raised its buying price for clean, dry palay to as much as 30 pesos/kg, with a minimum of 28 pesos/kg, and increased the maximum purchase limit per farmer from 200 to as many as 500 bags per cropping season. The policy is intended to support farm incomes and build government rice reserves amid concerns about possible El Niño-related crop losses.

- Date: 2026-11-08 · published 2026-11-08T06:06:03.083Z
- Category: policy · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/87003-nfa-doubles-palay-price-purchase-limit-raises-buying-price-to-boost-farm
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher guaranteed procurement prices and expanded government buying can strengthen domestic demand for palay and support farmgate and rice prices. Building public reserves may also reduce the amount of rice immediately available to the market, particularly if weather threatens production.

## 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 | 2025-12-01 | [Rice prices climb 24% as government purchase rules could boost demand](https://feedsoft.ai/events/12733-rice-prices-climb-24-as-government-purchase-rules-could-boost-demand.md) | -0.9% | -5.6% |
| RICE | 2023-07-25 | [India’s new ban on rice exports: Potential threats to global supply, prices, and food security \| IFPRI](https://feedsoft.ai/events/34967-india-s-new-ban-on-rice-exports-potential-threats-to-global-supply-prices-and.md) | -4.5% | -4.2% |
| RICE | 2023-02-23 | [India to extend rice export curbs to ensure domestic price stability, supply: Report](https://feedsoft.ai/events/37310-india-to-extend-rice-export-curbs-to-ensure-domestic-price-stability-supply.md) | +0.8% | +1.4% |
| RICE | 2024-04-11 | [NFA approves palay buying prices topping out at P30/kg - BusinessWorld Online](https://feedsoft.ai/events/6717-nfa-approves-palay-buying-prices-topping-out-at-p30-kg-businessworld-online.md) | +9.8% | +6.8% |

## Sources

- context.ph: https://context.ph/2026/11/08/nfa-doubles-palay-price-purchase-limit-raises-buying-price-to-boost-farm-incomes-and-secure-supply/

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