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Rice prices: Japan’s hot political issue, on and off the farm

  • Japan's government moved up the first annual auction for duty-free imported rice to June 27, ahead of the usual September date.
  • This decision responds to rising rice prices caused by supply chain issues, a damaged harvest two years ago, and previous panic-buying.
  • The government has started releasing emergency stockpiles and plans to auction 30,000 tons in June out of 100,000 tons allowed for import.
  • Farm minister Shinjiro Koizumi said, “This is not the time to slow down,” and noted that retail prices have slightly edged down from 4,285 yen for five kilograms.
  • The accelerated auctions and stock releases aim to stabilize prices amid inflation and agricultural challenges while elections loom next month.
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Rice prices Japan's hot political issue, on and off the farm

All is calm at Satoshi Yamazaki's rice farm, with its freshly planted rows of vivid-green seedlings, but a row over the cost of the staple in Japan is threatening to deal the government a blow at the ballot box.

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Business Review broke the news in on Wednesday, June 11, 2025.
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