NFA head not alarmed by rice losses

ABS-CBN News

Posted at Oct 21 2010 05:31 PM | Updated as of Oct 22 2010 01:57 AM

MANILA, Philippines (UPDATE) - The head of the country's grains agency said on Thursday the increased estimate of damage to the country's unmilled rice crop from Typhoon Juan (international code name Megi) was not alarming and there was no need for more imports this year.

The Department of Agriculture said its estimate of unmilled rice lost in the typhoon was now 314,577 tons, or 4.5% of the forecast fourth-quarter crop, from an estimate of 222,236 tons on Wednesday.

"No. It does not alarm NFA. We have enough for the year," said Angelito Banayo in a mobile text message to Reuters.

As of Wednesday, government data showed the value of farm and infrastructure losses from Typhoon Juan reached P4.77 billion.

Seventeen provinces in Cordillera Administrative Region and Regions I, II and III were affected. The province of Pangasinan suffered the most damage, with losses valued at P1.4 billion, followed by Isabela at P898 million and Nueva Ecija at P588 million.

Typhoon Juan exited Philippine territory Thursday morning, with the death toll placed at 19. - With Reuters