Author: James Konstantin Galvez
Any views expressed in this article are those of the author and not of Philippine Statistics Authority.
The interagency Food Security Committee (FCS) is expected to finalize next week its rice importation plan as part of preparations for a possible worst-case scenario in rice production due to the looming El Niño, which could mean a prolonged drought ahead, the National Food Authority (NFA) said.
“We need to prepare our supply early so we will not play catch up,” NFA Administrator Renan Dalisay said in a text message.
Dalisay said that the FSC may allow the NFA Council to go ahead with the 250,000 metric ton standby authority for the year.
“I think initially they will probably recommend utilizing the 250,000 MT standby authority, which has not been utilized,” he said.