World Markets
Japan rice glut sends prices tumbling 40%, below production cost
Anticipated bumper crop in Niigata seen swelling already high inventories Japan's private rice inventories hit a record high 2.43 million tons at the end of June, up 57% year-on-year. (Photo by Hiroki Masuda) TOKYO — The agricultural organization covering Japan's largest rice-growing region will pay roughly 40% less for this year's rice harvest than last year's amid a record […]
By deepak · August 20, 2026 · 1 min read
Anticipated bumper crop in Niigata seen swelling already high inventories
Japan's private rice inventories hit a record high 2.43 million tons at the end of June, up 57% year-on-year. (Photo by Hiroki Masuda)
TOKYO — The agricultural organization covering Japan's largest rice-growing region will pay roughly 40% less for this year's rice harvest than last year's amid a record surplus, bringing the price below the cost of production.
Source: Read the original article on asia.nikkei.com
