Japan Is Facing A Rice Shortage

Japan is facing a rice shortage, which could cause prices to go up, leaving shelves empty.

Japan’s supplies are tight due to the government’s policy of paying farmers to grow less rice, combined with panic buying and a bad harvest last year.

Japan has released emergency reserves, but they are not hitting stores fast enough. The Ag Minister even resigned after making a comment about rice availability.

Some retailers are now turning to imports to fill the gap. Analysts say that as farmers age, Japan will need a long-term plan to fix its rice problem.

Related Stories
USMEF President and CEO Dan Halstrom shares how recent trade talks are influencing U.S. red meat global sales and the importance of key trade agreements like the USMCA.
A Reuters report shows China has a soybean “glut,” finding stockpiles at Chinese ports are at record levels, with crushers there holding the most supplies since 2017.
The National Milk Producers Federation (NMPF) says recent wins in markets like Malaysia and Cambodia help farmers focus on production rather than trade barriers.
Lucia Ruano, USMEF’s Central America representative, discusses what is driving demand for U.S. beef and pork in the region.
Pork producers should prioritize health and productivity gains, hedge feed and hogs selectively, and watch Brazil’s export pace and China’s sow policy for price signals.
Texas Cattle Feeders Association Chairman Robby Kirkland explains how the ongoing U.S.-Mexico border closure impacts feed yards that rely on Mexican cattle due to the New World Screwworm.