# Proposed RICE Act impact seen dependent on NFA procurement - BusinessWorld Online

> The Philippine Department of Agriculture said the proposed RICE Act, which would restore NFA powers to buy palay and sell rice directly, is designed to lift low farmgate prices. Analysts said its effect depends on how much palay the government buys and on tariff changes.

- Date: 2026-01-04 · published 2026-01-04T12:00:00.000Z
- Category: policy · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/9173-proposed-rice-act-impact-seen-dependent-on-nfa-procurement-businessworld-online
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

If passed, expanded NFA buying would add domestic demand for palay and could reduce imports, which is supportive for Asian rice prices if the bill advances.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2024-07-01 | [PHL tariff cuts could pressure global rice supply, prices — BMI - BusinessWorld Online](https://feedsoft.ai/events/29326-phl-tariff-cuts-could-pressure-global-rice-supply-prices-bmi-businessworld.md) | +0.6% | -10.3% |
| RICE | 2024-01-13 | [No proposal to lift export curbs on wheat, rice, sugar, says Piyush Goyal \| Agriculture - Business Standard](https://feedsoft.ai/events/32107-no-proposal-to-lift-export-curbs-on-wheat-rice-sugar-says-piyush-goyal.md) | +1.9% | +8.1% |
| RICE | 2023-12-27 | [Global rice prices up 7% in a month on high demand, low supplies - The HinduBusinessLine](https://feedsoft.ai/events/32789-global-rice-prices-up-7-in-a-month-on-high-demand-low-supplies-the.md) | -2.4% | +3.7% |

## Sources

- bworldonline.com: https://bworldonline.com/economy/2026/01/04/722203/proposed-rice-act-impact-seen-dependent-on-nfa-procurement/

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