17:53 - 7.04.2025
April 7, Fineko/abc.az. Rice is used almost everywhere in Japan. The slightest disruptions, whether crop failures or supply disruptions, become a real problem for this country. And now, it seems, that very moment has come.
ABC.AZ informs that according to the Japanese government, last year the average price of a 60-kg bag rose to about $160, which is 55% more than two years ago.
According to the Japanese government, last year the average price of a 60-kg bag grew up to nearly $160, which is 55% more than two years ago.
The situation has become so dire that the government announced in February that it would auction 210,000 tons of rice, more than a fifth of what it holds in reserve in case of unforeseen circumstances. The first bags of reserve rice have already gone on sale in supermarkets.
CNN reminds that Japan created its rice reserve in 1995, two years after an unexpectedly cold summer killed the rice harvest and forced the country to import grain from abroad.