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+ Follow SUGAR STABILIZATION FUND Tag
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[Title] => Farmers buck importation of sugar by NFA
[Summary] => Sugar farmers are opposing governments plan to allow the National Food Authority (NFA) to import sugar next year at low tariffs.
The Confederation of Sugar Producers Association (Confed), the countrys biggest sugar farmers organization, said such a move undermines the local market with NFA operating on its own as a major trader, selling sugar to other traders even when prices are stable while underselling the market in order to move inventory.
[DatePublished] => 2000-10-29 00:00:00
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[Title] => Congress seen to OK sugar importation by NFA next year
[Summary] => Congress is likely to approve a plan by the National Food Authority (NFA) to import sugar next year at low tariff.
An official of the NFA said Congress incorporated in the NFAs budget proposal for 2001, an item for the shipment of some 54,000 metric tons representing the minimum access volume (MAV) for sugar.
"Congress included the MAV in our proposed Sugar Stabilization Fund (SSF), and usually, approval of the SSF also means an automatic approval of the MAV," the NFA official said.
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[Title] => Farmers buck importation of sugar by NFA
[Summary] => Sugar farmers are opposing governments plan to allow the National Food Authority (NFA) to import sugar next year at low tariffs.
The Confederation of Sugar Producers Association (Confed), the countrys biggest sugar farmers organization, said such a move undermines the local market with NFA operating on its own as a major trader, selling sugar to other traders even when prices are stable while underselling the market in order to move inventory.
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[Title] => Congress seen to OK sugar importation by NFA next year
[Summary] => Congress is likely to approve a plan by the National Food Authority (NFA) to import sugar next year at low tariff.
An official of the NFA said Congress incorporated in the NFAs budget proposal for 2001, an item for the shipment of some 54,000 metric tons representing the minimum access volume (MAV) for sugar.
"Congress included the MAV in our proposed Sugar Stabilization Fund (SSF), and usually, approval of the SSF also means an automatic approval of the MAV," the NFA official said.
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abtest
By Rocel Felix | October 29, 2000 - 12:00am
October 25, 2000 - 12:00am
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Davao City Mayor Sebastian “Baste” Duterte faced the Senate impeachment court yesterday as a hostile witness, reiterating that he was unaware that his sister, Vice President Sara Duterte, had a business interest in GenCorp Industries Inc.
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