A survey has found that Japanese rice producers and wholesalers believe prices of the staple grain will settle in the next few months. This comes amid over half a year of rising prices. An organization of rice distributors conducts a monthly survey of 180 producers and wholesalers. It uses their views to determine an index […]
by Olufunmilayo Uwala. To the real economists and those with the full grasp of how governance can be run on productive lane, the roles of agricultural development cannot be overemphasised. It is therefore, the basic foundation and sector on which other sectors are built, agricultural sector for advanced nations of the world remains the foundation, […]
Tokyo, March 3 (Jiji Press)–The Japanese government will auction off part of its rice stockpiles on March 10, the agriculture ministry said Monday. The government last month decided to sell 210,000 tons out of its rice stockpiles to relieve distribution bottlenecks. To be put up in the first tender this time are 150,000 tons for […]
KYODO NEWS. TOKYO- Rice prices in Japan have remained high despite hopes that they would normalize after the government announced plans two weeks ago that it would release its stockpiles to curb the surge. On Feb. 14, the government said it would release up to 210,000 tons of its stockpiled rice, to be handed over […]
WASHINGTON (Mainichi) — Soaring rice prices in Japan triggered by the “rice upheaval” last summer have surprised Japanese expatriates in the United States, as it remains cheaper to buy rice there despite historic inflation. In some cases, it is even more economical to buy rice imported from Japan than to buy the same product in […]
THE ASAHI SHIMBUN At what price rice? Apparently, the sky’s the limit. Hoarding and speculative trading, coupled with government tardiness, seem to be the primary factors behind the crisis. The government blames the situation on speculative reluctance to sell. But even with its own decision to release stockpiled rice, there is no sign that prices […]
Jay Allen. It’s getting more expensive to eat rice in Japan, with prices nearly doubling. Will a release of strategic reserves help? Those of us living in Japan are watching as the price of everything seems to go up month after month. The latest price spike, however, is really hitting home. Rice, a staple of […]
The average price of Japan’s 2024 rice crop sold to wholesalers surged in January to hit a record high for the fifth straight month, the agriculture ministry said Wednesday. The January average rose 69% from a year earlier to ¥25,927 per 60 kilograms of brown rice amid intensifying demand. The ministry surveys and releases monthly […]
With rice prices still high in Japan, the government has announced the release of some of its stockpiles of the staple grain. On February 14, Japan’s Ministry of Agriculture, Forestry, and Fisheries announced the release of stockpiled rice to tackle soaring prices of the staple grain. The rice is set to appear in stores by […]
KYODO NEWS. TOKYO: Japan’s private rice imports have already reached a record-high 468 tons in the current fiscal year through March, driven by robust demand from restaurants amid soaring prices for the domestic crop, according to government data. The import volume from April to December last year, the highest since the farm ministry began collecting […]
