230,000 tons missing, wallets suffering, bread is going to dominate even more I feel.
…. I thought the Government released 210,000 tons of Rice from their stockpiles – Mostly to JA??
I wonder who would benefit from higher Rice prices??? – HMmmMmmM Surely not big Rice stockpilers like JA, right??
I am sure JA will ship off all 21 tons of Rice immediately to the stores too, right?
glad I am fat based.
This feels like the stores because rice prices in here hasn’t increased too much
Let them eat cake.
Now I won’t be worried that I will run out of onigiri.
NOOOOOOOOOOOOOOOOOOO
The farmer I buy rice from every year apologized this year because the cost of production forced him to raise the price by 500 yen…
per 30kg bag…
Distributors are absolutely hording and price gouging/profiteering. It seems insane to me that there are no laws in place that should immediately arrest those responsible for it.
The 210,000 tonnes of released stockpile rice equates to roughly 3% of annual rice consumption in Japan. To me, it seems that the release is unlikely to have any significant effect on the price, especially considering the government is going to buy back the same amount on the open market over time.
It will peak when those who hold the rice stocks decide the price wont go any higher.
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230,000 tons missing, wallets suffering, bread is going to dominate even more I feel.
…. I thought the Government released 210,000 tons of Rice from their stockpiles – Mostly to JA??
I wonder who would benefit from higher Rice prices??? – HMmmMmmM Surely not big Rice stockpilers like JA, right??
I am sure JA will ship off all 21 tons of Rice immediately to the stores too, right?
glad I am fat based.
This feels like the stores because rice prices in here hasn’t increased too much
Let them eat cake.
Now I won’t be worried that I will run out of onigiri.
NOOOOOOOOOOOOOOOOOOO
The farmer I buy rice from every year apologized this year because the cost of production forced him to raise the price by 500 yen…
per 30kg bag…
Distributors are absolutely hording and price gouging/profiteering. It seems insane to me that there are no laws in place that should immediately arrest those responsible for it.
The 210,000 tonnes of released stockpile rice equates to roughly 3% of annual rice consumption in Japan. To me, it seems that the release is unlikely to have any significant effect on the price, especially considering the government is going to buy back the same amount on the open market over time.
It will peak when those who hold the rice stocks decide the price wont go any higher.