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mahatmakanejeeves

(64,456 posts)
Sun Apr 27, 2025, 08:42 AM Yesterday

Rice crisis: Japan releases strategic reserves to ease prices of nation's most important food

Three weeks old, but in the news every day

Rice crisis: Japan releases strategic reserves to ease prices of nation’s most important food

By Chris Lau, Junko Ogura, Mai Takiguchi and Minori Konishi, CNN
3 minute read
Published 10:48 PM EDT, Sun April 6, 2025


A customer shops for rice at a Marusan supermarket in Koshigaya, Saitama Prefecture, Japan Soichiro Koriyama/Bloomberg/Getty Images

Tokyo (CNN) — It’s eaten with almost every meal, used to make sushi, made into sweets, fermented into alcohol and offered to the spirits at religious ceremonies. … Rice is everywhere in the diet of Japan – there are at least six ways in Japanese to describe the grain, from unhusked to ready to eat. It’s so popular that McDonald’s there added a burger bun made of rice to its menu.


But being so reliant on the staple leaves the country – the world’s fourth-biggest economy – vulnerable to the slightest supply glitch. … In recent years, a combination of bad weather, heatwaves and the threats of typhoons and earthquakes have sparked bouts of panic-buying in the nation of 124 million people.

The average price of a 60-kilogram bag rose to around $160 last year – up 55 per cent compared to two years ago, according to government figures. … The situation has become so dire that the government announced in February that it would release 210,000 tons of rice – more than a fifth of what it holds in its contingency reserve – for auction. The first bags of the reserve rice have now gone on sale in supermarkets.

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Rice crisis: Japan releases strategic reserves to ease prices of nation's most important food (Original Post) mahatmakanejeeves Yesterday OP
The Turd will soon be the most "hated" man on the Earth. Tarzanrock Yesterday #1

Tarzanrock

(732 posts)
1. The Turd will soon be the most "hated" man on the Earth.
Sun Apr 27, 2025, 10:49 AM
Yesterday

It isn't just the US and China that the Turd's insane tariff war affects. Imagine, an American President unilaterally starting WW III. In a few more months, the Turd will be the most "hated" man on the Earth. With the expected global supply chain interruptions of the necessities of life -- just imagine the millions who are going to die unnecessarily from starvation (Africa/Asia) and from the frigid cold this coming Fall and Winter (lack of heating oil and fuel).

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