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Japan begins taking bids in second auction of stockpiled rice.

The agriculture ministry on Wednesday began to accept bids in the second round of its auction for government-stockpiled rice. The focus is on whether the release of reserve rice will help curb soaring rice prices. The government plans to consider a further release if necessary. The ministry decided in February to release 210,000 metric tons […]

Rice supplies in Japan still low, with prices almost doubled from year ago

Kengo Tabe and Fumiko Kai Bad weather and stockpiling are among the difficulties encountered. TOKYO – Rice prices have not stopped surging. The average price for a five-kilogram bag of rice at supermarkets nationwide has exceeded ¥4,000, almost doubled from a year ago. This is at least partially being caused by a shortage of rice […]

Japan’s Core Inflation Slows To 3% As Rice Prices Soar

Energy subsidies help ease inflation in February, but household pressures remain high amid rising food costs Japan’s core inflation eased to 3.0 percent in February 2025, marking a significant change in the country’s economic landscape. According to the Ministry of Internal Affairs and Communications, this slowdown follows a 3.2 percent increase in January and comes […]

Vietnamese rice attracts Japanese consumers

Takashi Takanashi, head of the Spice House Co., a company based in Sagamihara, Kanagawa Prefecture, specialising in wholesale imported food for restaurants and retailers, said his company is receiving increasing requests for Vietnamese rice, he said. Tokyo (VNA) – Among imported rice in Japan, Vietnamese rice has been gaining attention from consumers due to its […]

How Japan is trying to solve its rice problem.

Nora Redmond The Japanese government is releasing rice from its emergency reserve for the first time to address a supermarket shortage and soaring prices. Japan’s agriculture ministry held an auction last week in a bid to stabilize the market. It announced on Friday it had selected bidders for almost 142,000 tons of rice from the […]