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Korean Rice Exports Surge as Japan Faces Shortages

10/25/2025

23 4 Full Breakdown

Summary

Korea Boosts Rice Exports

In 2025, Korean rice exports to Japan reached about 1,000 tons, up from zero.
The rise stems from Japan's shortages and prices caused by record heatwaves in 2023.
Korean rice prices are about 42% of Japanese levels, with the Korean government planning to promote its rice to Japanese consumers.
Bangladesh faces rice prices near 2007-2008 crisis levels despite record production, raising concerns about miller monopolies.

Summary

Global Food Prices Decline

Global food prices declined in September 2025, according to the Food and Agriculture Organization, with the Index at 128.8, down from 129.7 in August.
Meat prices reached record highs due to strong demand and high feed costs.
In the UK, food inflation fell to 4.5% year over year, with overall food costs down 0.2% in September.
Prices for red meat and other items continue to rise, signaling ongoing inflationary pressures.

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Korea Boosts Rice Exports

In 2025, Korean rice exports to Japan reached about 1,000 tons, up from zero.
The rise stems from Japan's shortages and prices caused by record heatwaves in 2023.
Korean rice prices are about 42% of Japanese levels, with the Korean government planning to promote its rice to Japanese consumers.
Bangladesh faces rice prices near 2007-2008 crisis levels despite record production, raising concerns about miller monopolies.

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