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Japan rice prices double, raising pressure on PM

Kyoko HASEGAWA Rice prices in Japan soared 99.2 percent in June year-on-year, official data showed Friday, piling further pressure on Prime Minister Shigeru Ishiba ahead of elections this weekend. Public support for Ishiba’s administration has tumbled to its lowest level since he took office last year, partly because of frustration over the cost of living. […]

Rice prices have skyrocketed in Japan — and farmers warn that ‘everyone who eats’ that disaster could be near

Jing Pan. Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. In today’s developed economies, lining up to buy a staple grain may seem like a thing of the past. But in Japan, it’s become a stark reality as a rice shortage sends prices soaring. A 5 kilogram […]

Suggested price cap on foreign rice cut anew

By: Jordeene B. Lagare – Reporter MANILA, Philippines — The Department of Agriculture (DA) lowered the maximum suggested retail price (MSRP) for imported rice to P43 per kilogram (kg) from P45 previously. This went into force on Wednesday, in response to declining global market prices. The DA made the decision following the continued decline of […]

Thai commerce ministry eager to boost price, exports of agricultural products

WRITER: Online Reporters The Thai Ministry of Commerce is trying to boost prices and exports of rice and langon, along with more measures to support famers, commerce minister Jatuporn Buruspat said on Monday. The production of in-season rice is scheduled to be completed in November and December. The Ministry of Agriculture has been informed by […]

Dealing with unpredictable rice market

Published by: The Financial Express Rice prices in Bangladesh markets do not seem to follow the laws of supply and demand, the fundamental principles of economics. Reports published in this paper on the basis of information from the Trading Corporation of Bangladesh (TCB) and the city’s kitchen markets, the prices of this basic staple of […]

Rice prices spike as millers make hay while imports stall

YASIR WARDAD. Rice prices spike to the woes of commoners, even, as millers make hay while private import stalls, sources say.Private imports have come to a halt following the end of government zero-duty facility for importers, they add.Millers are taking advantage of the situation, making high profits, while consumers facing the burden of increased prices, […]

Japan Average Rice Price Down for 7th Straight Week

Tokyo, July 14 (Jiji Press)–The average price of rice sold at about 1,000 supermarkets across Japan in the week through July 6 stood at 3,602 yen per 5 kilograms, down 70 yen from the previous week, the seventh consecutive weekly fall, the agriculture ministry said Monday. In the reporting week, 11,742 tons of government-stockpiled rice […]

Rice prices hike sharply in Rajshahi

Vulnerable families in crisis Observer Correspondent Despite ongoing anti-hoarding efforts, rice prices in the Rajshahi region continue to increase, putting significant pressure on low-income families. Since the end of the Boro harvest, prices per sack have jumped by Tk 200 to 400, with retail prices climbing by Tk 5 to 10 per kilogram. The cost […]