Japanese Consumers Scramble to Grab Cheap Rice; Government Ready to Release More
9 Articles
9 Articles
Japan Today Spotlight #20 | Japan's rice crisis: Why prices are soaring
Japan’s staple food is suddenly too expensive for many households — and the reasons go far beyond simply supply and demand. In this episode of Japan Today Spotlight, we break down the sudden sharp rise in the country’s rice prices, the government’s delayed response to the issue and why political…
Agriculture Minister Shinjiro Koizumi announced on the 3rd that he had signed contracts with two major convenience store chains, Lawson and FamilyMart, regarding the release of government stockpiled rice through discretionary contracts. "At the earliest, both will be on store shelves as soon as this week," he explained to reporters at the Ministry of Agriculture, Forestry and Fisheries. The convenience stores' applications for discretionary cont…
Japanese consumers scramble to grab cheap rice; government ready to release more
TOKYO: Japan's farm minister said on Tuesday (Jun 3) the government stood ready to offer more stockpiled rice as consumers formed long queues to snatch up cheap, emergency-use grain made available through some retailers since the weekend. In an abrupt change of policy, the government last week began
Japan government stockpiled rice reaches consumers
The Japanese government's stockpiles of rice that are sold directly to retail firms are now on sale at retail outlets. Attention is focused on whether the widespread sale of the stockpiles will help bring down rice prices.
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