BREAKING NEWS: Japan gov't unveils plan to buy back 210,000 tons of rice
4 Articles
4 Articles
*Due to rights restrictions, the video starts midway through. Minister of Agriculture, Forestry and Fisheries Suzuki announced the buyback of stockpiled rice. Producers in the prefecture are saying it's "too late," and there are concerns that if the rice surplus continues and prices fall, more producers will give up farming. (Minister of Agriculture, Forestry and Fisheries Suzuki) "Now that it has been confirmed that the supply of rice is suffic…
Agriculture Minister Norikazu Suzuki announced that the government will begin the process of buying back the 210,000 tons of rice stockpiled by the government in 2025 by the end of September. While JA (Japan Agricultural Cooperatives) affiliates won over 90% of the bids for the initial release, they have a five-year grace period for the buyback. Why is the government buying it back in just a year and a half? Kazuhito Yamashita, a former Ministry…
Japan Weighs Buyback of 210,000 Tons of Emergency Rice to Prevent Price Slump
The Japanese government is considering repurchasing 210,000 tons of the emergency rice it released last year, aiming to head off a price slump as supply of the staple grain swells, Kyodo News reported Monday, citing sources familiar with the matter.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
