# NFA buys palay at P30 per kilo to build rice stocks

> The Philippines’ National Food Authority is offering up to 30 pesos per kilogram for clean, dry palay and has increased the amount each farmer can sell under its procurement program. The purchases are intended to replenish government rice reserves and support farm incomes ahead of a potentially strong El Niño.

- Date: 2026-11-08 · published 2026-11-08T21:05:58.160Z
- Category: policy · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/87957-nfa-buys-palay-at-p30-per-kilo-to-build-rice-stocks
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher public procurement prices and larger buying limits can support domestic palay prices while adding to government stocks. The prospect of El Niño-related production risks adds further support to rice prices.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| RICE | 2018-03-08 | [In lieu of NFA rice, it’s “sorter rice” that poor consumers prefer to buy , Punto! Central Luzon](https://feedsoft.ai/events/66075-in-lieu-of-nfa-rice-it-s-sorter-rice-that-poor-consumers-prefer-to-buy-punto.md) | -1.7% | +0.6% |
| RICE | 2018-09-23 | [NFA says rice dealers do not want to sell lower-grade grains - BusinessWorld Online](https://feedsoft.ai/events/63115-nfa-says-rice-dealers-do-not-want-to-sell-lower-grade-grains-businessworld.md) | -1.0% | +11.7% |
| RICE | 2023-05-24 | [Ban on wheat exports, curbs on rice shipments to stay](https://feedsoft.ai/events/35894-ban-on-wheat-exports-curbs-on-rice-shipments-to-stay.md) | +3.6% | +5.5% |
| 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% |

## Sources

- manilastandard.net: https://manilastandard.net/business/agriculture-mining/314815937/nfa-buys-palay-at-p30-per-kilo-to-build-rice-stocks.html

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