# NFA sets palay buying price at P30/kilo, doubles procurement limit

> The Philippines’ National Food Authority raised its buying price for clean, dry palay to 28–30 pesos per kilogram and increased the procurement ceiling for individual farmers from 200 to 500 bags per cropping season. The agency targets procurement of 790,000 metric tons this year and in 2027, as authorities encourage planting and seek to strengthen rice stocks amid drought and a looming El Niño.

- Date: 2026-11-10 · published 2026-11-10T12:05:54.849Z
- Category: policy · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/91586-nfa-sets-palay-buying-price-at-p30-kilo-doubles-procurement-limit
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher government procurement prices and expanded buying can support farmer incentives and domestic palay supply, while drought risk threatens production. The measures are supportive of Philippine rice prices, though stronger procurement may also bolster stocks.

## 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 | 2026-01-04 | [Proposed RICE Act impact seen dependent on NFA procurement - BusinessWorld Online](https://feedsoft.ai/events/9173-proposed-rice-act-impact-seen-dependent-on-nfa-procurement-businessworld-online.md) | +6.1% | +18.2% |
| 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 | 2022-01-11 | [Q1 rice exports may be hit as parboiled prices increase on Govt procurement - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/43113-q1-rice-exports-may-be-hit-as-parboiled-prices-increase-on-govt-procurement.md) | +1.0% | +6.2% |
| 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% |

## Sources

- gmanetwork.com: https://www.gmanetwork.com/news/money/economy/1009004/nfa-sets-palay-buying-price-at-p30-kilo-doubles-procurement-limit/story/

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