NFA tells traders not to cut down palay price 10/19/2010

NFA tells traders not to cut down palay price

10/19/2010
The National Food Authority (NFA) is telling the grains businessmen in regions hit by typhoon “Juan” not to cut down their buying price of palay which may result in undue disadvantage on the part of farmers.

The NFA administrator Angelito Banayo said that just like most traders, the affected farmers would only just want to recoup even part of their investment, but this may not even be possible if the private palay traders will offer a much lower buying price at this time..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/nation/20101019nat6.html