How dos NFA intend to raise the price of palay to its targeted support price level?

The National Food Authority (NFA) aims to raise the price of palay to its targeted support price level by implementing strategies such as direct procurement from farmers at the set support price, ensuring a stable market demand. Additionally, they may enhance their purchasing operations, facilitate access to credit for farmers, and manage supply levels to prevent market oversaturation. By maintaining these measures, the NFA seeks to stabilize palay prices and encourage production among local farmers.