Legazpi City (30 July) -- The National Food Authority (NFA) Bicol regional office here avers firmly that there is no over-stocking or over- importation of rice in Bikol for the current year.
Director Edgar S. Bentulan of NFA Bicol said the region's annual rice production is 13,111,387 bags and its annual consumption requirement based on the latest inter-agency survey is 17,052,800 bags, resulting in a deficit by 3,941,413 bags.
This year, NFA's import arrivals totaled 3,300,000 bags. From these figures, Bikol is still short by 641,413 bags, Bentulan said.