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Philippines to stop buying rice for the rest of 2014

Published Tue, Oct 7, 2014 · 09:50 PM

Manila

THE Philippines, one of the world's biggest rice importers, is set to end purchases of the grain for this year's requirements, the country's food security chief said on Tuesday.

The state grains procurement agency, the National Food Authority (NFA), has standby authority to buy up to 500,000 tonnes more of the staple grain. That…

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