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Japan Unleashes Rice Stockpiles to Combat Soaring Prices

5/27/2025

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Summary

Story summary

In a bold move to tackle soaring rice prices, Japan has started selling government stockpiles directly to retailers. The new farm minister is targeting a price of approximately 2,000 yen ($14) for 5 kg by June. This strategy, releasing 300,000 tons of rice, aims to ease public anxiety over inflation and rising costs.

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Story summary

In a bold move to tackle soaring rice prices, Japan has started selling government stockpiles directly to retailers. The new farm minister is targeting a price of approximately 2,000 yen ($14) for 5 kg by June. This strategy, releasing 300,000 tons of rice, aims to ease public anxiety over inflation and rising costs.