buffer stock


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buffer stock

n
(Commerce) commerce a stock of a commodity built up by a government or trade organization with the object of using it to stabilize prices
References in periodicals archive ?
The National Food Authority (NFA) is targeting to buy 6 million sacks of palay this year to boost its buffer stock and rice distribution despite its failure to secure an increase in its buying price.
The state-run grains agency said in a statement on Monday that it is fully ready in terms of logistics, funds and personnel to buy as much local palay harvest as possible to beef up its dwindling buffer stock during the summer crop harvest from March to May.
The NFA Council has approved the importation of 250,000 metric tons of rice to augment the grains agency's buffer stock.
By GERALD ANDAE AGEWA MAGUTConsumers are headed for tough times amid plans by the Devolution ministry to release the entire buffer stock of maize, normally used to supplement millers in times of shortages to check against the rise in cost of flour.
629 calling for a Senate investigation into the reported shortage of NFA's rice buffer stock leading to a concomitant increase in the prices of rice in the country.
It [higher buying price] would stabilize farm-gate prices and ensure that the NFA would have sufficient buffer stock sourced locally.
Concerned about high inflation, the government initiated a series of measures to boost supply of pulses, both in the short and long term, which included collecting buffer stock of two million tonnes as well as checks on hoarding and black-marketing of pulses.
Gulf countries must be well prepared to ensure food security given their current state of food consumption patterns, lack of domestic food production and lack of buffer stock," said Essa Al Ghurair, chairman of Al Ghurair Resources.
Additional Deputy Commissioner also directed the Area Manager Utility Stores to ensure buffer stock of daily use items in the store and besides, those items should be put on display as public can easily purchase them.
An official in the Agriculture Policy Institute told here on Thursday that it is expected that buffer stock of one million ton would be left as carry forward for the strategic reserves for next year.
MANAMA: Bahrain's traders are stepping up efforts to build a commodity buffer stock ahead of Ramadan.
The UAE is developing a buffer stock of food grain which will increase to include other commodities such as edible oil, sugar and salt -- in addition to wheat and rice, and I think we are heading towards the right direction.