NFA buffer stock rises to a new record high

NFA buffer stock rises to a new record high

MANILA, Philippines — The buffer stock of the National Food Authority (NFA) has risen to a record 7.56 million 50-kilogram bags of milled rice as of April 24. This, as the agency ramped up purchases from local farmers to support the government’s emergency relief efforts. In a statement on Friday, the NFA said the current

Tokyo rice prices up over 90% in April, marking record on-year rise

TOKYO (Kyodo) -- Rice prices in Tokyo surged more than 90 percent in April from a year earlier, despite recent stockpile releases by the government ai

The cereal has doubled its price in the last year to record levels that already exceed 5 euros/kil.

In Tokyo alone, the price increased this April by more than 90% year-on-year, after rising by 89% in March, the highest figure since data began to be collected in 1971, according to figures published this Friday by the Executive. For the rest of the country, this increase has also been 90% in the last year, a rise that has been motivated by the growth of demand in restaurants due to the increase in tourism, but also by the "panic purchases", aft…