💨 Abstract

In Japan, a rice shortage has led to soaring prices and government turmoil. The agriculture minister resigned after making insensitive remarks about rice availability. The government is struggling to manage the crisis, with rice stocks at record lows and prices doubling. Factors include panic buying, increased demand, poor harvests, and structural issues in the rice supply chain. The government is considering importing rice and reforming policies to stabilize prices and ensure food security. Retailers are also adapting by importing and promoting alternative rice varieties.

Courtesy: WTOP Staff