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Only 1.4% of government-stockpiled rice is reaching retailers in Japan

Only 1.4% of Japanese government-stockpiled rice sold through auctions in March has reached retailers, an agriculture ministry survey showed Wednesday. The auctioned rice totaled 212,132 tons, but only 3,018 tons had been distributed to retailers as of April 13, according to the survey. From March 31 to April 13, the government transferred 133,808 tons of […]

Govt-Stockpiled Rice Sold 420 Yen Cheaper in 3rd Auction

Economy Tokyo, April 30 (Jiji Press)–A total of 100,164 tons of Japanese government-stockpiled rice was sold in a third auction at an average price of 20,302 yen per 60 kilograms, down 420 yen from the second auction, the agriculture ministry said Wednesday. The third auction was held for three days through Friday with six participants, […]

Indonesian President Prabowo greenlights rice export amid rising production

Indonesia JAKARTA: President Prabowo Subianto has authorised rice exports to countries in need, reversing an earlier statement by Agriculture Minister Andi Amran Sulaiman, who had insisted on prioritising domestic reserves. Speaking during a visit to South Sumatra on Wednesday (April 24), Prabowo said the country could share its rice surplus with others without seeking high […]

Increase in Japan rice imports targets US deal

TOKYO: The Japanese government may propose increasing duty-free imports of US rice in negotiations over US tariffs, according to government sources. The United States has said that it would be difficult for it to revise tariffs on imports of automobiles, which is Japan’s top priority. Tokyo hopes to break the deadlock by making a bold […]

Japan starts third rice reserve auction to stabilise prices

The average price of rice in supermarkets across Japan reached ¥4,217 (about $30) per five kilogrammes in the week up to April 13, official data showed. News Agency of Nigeria. On Wednesday, Japan’s ministry of agriculture, forestry, and fisheries began the third auction of government-held rice to stabilise surging prices. The average price of rice […]

More US rice could reach Japan tariff free, as Tokyo aims to placate Washington

Japan. TOKYO: The government may propose increasing duty-free imports of US rice in negotiations over US. tariffs, according to government sources. The United States has said that it would be difficult for it to revise tariffs on imports of automobiles, which is Japan’s top priority. Tokyo hopes to break the deadlock by making a bold […]