The National Food Authority was created through Presidential Decree No. 4 dated September 26, 1972, under the name National Grains Authority, (NGA) with the mission of promoting the integrated growth and development of the grains industry covering rice, corn, feed grains and other grains like sorghum, mongo, and peanut. The former was then regulating the rice and corn retail trade and was tasked to nationalize it within a target date. The latter was in-charged of marketing or distribution of government low-priced rice especially during lean months. In addition, the new agency was vested additional functions aimed at developing the grains post-harvest systems and processes.