NFA raises P400M from auction of aging rice 

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MANILA, Philippines – The National Food Authority (NFA) has sold P400 million worth of aging rice stocks via a public bidding, allowing the grains agency to free up warehouse space to procure fresh harvests. The NFA tendered nearly 16,000 metric tons (MT) of aging rice, equivalent to 315,000 bags, to winning bidders, although the identity
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