Japan rice prices dip below key threshold Rice prices in Japan have fallen below the JPY4,000 ($25.21) mark for the first time in seven months.

Rice prices in Japan have fallen below the JPY4,000 ($25.21) mark for the first time in seven months. Bne IntelliNews #Japan #RicePrices #Agriculture #FoodMarket #Economy

Rice and imperialism: At a risky crossroads [FEATURES] At the crossroads of national food security and imperialist interests, the government has consistently chosen the latter.

At the crossroads of national food security and imperialist interests, the government has consistently chosen the latter.

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Table Rice Prices in Japan Surge Over 50 Percent, Squeezing Sake Brewers and Threatening Exports Climate change, policy shifts, and tourism drive shortages as farmers abandon sake rice for more profitable crops, raising industry alarm

FYI: Table Rice Prices in Japan Surge Over 50 Percent, Squeezing Sake Brewers and Threatening Exports #Japan #RicePrices #SakeBrewers #ClimateChange #FoodSecurity

Table Rice Prices in Japan Surge Over 50 Percent, Squeezing Sake Brewers and Threatening Exports Climate change, policy shifts, and tourism drive shortages as farmers abandon sake rice for more profitable crops, raising industry alarm

Table Rice Prices in Japan Surge Over 50 Percent, Squeezing Sake Brewers and Threatening Exports #JapanRice #SakeBrewers #ClimateChange #RicePrices #FoodIndustry

Rice prices plunge to 8-year low after record harvests - link beyond the paywall in the comments

Rice prices hit an 8-year low thanks to record harvests! Good news for your wallet and dinner table. 🍚 #RicePrices #GoodNews #Harvest #FoodPrices

BOJ’s Koeda says she’s keeping an eye on second-round effects from rice prices -Bloomberg TOKYO (Reuters) -Bank of Japan board member Junko Koeda said she was keeping a close eye on possible second-round effects on underlying inflation from recent rises in the price of rice, Bloomberg News reported on Wednesday. In an interview conducted on Monday, Koeda said it was inappropriate to predict now how soon the BOJ could resume interest rate hikes due to uncertainty over the economic outlook, Bloomberg reported. "Recent hard data on inflation shows prices of rice and other food items are rising more than expected compared with the time of the BOJ’s May meeting, so I am watching developments carefully," Koeda was quoted as saying. Such cost-push pressures from higher food costs are the main drivers of Japan’s consumer inflation, which is moving around 3% recently, she said. But Koeda added she was "keeping an eye out" on how price moves in Japan’s staple rice could affect households’ inflation expectations and underlying inflation, Bloomberg reported. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

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📉 Basmati rice prices may drop soon after a 15–20% surge, as Iran cuts demand amid conflict.

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📈 Basmati rice prices soar to ₹80/kg!
High demand & limited supply are driving the surge. 🌾🚢
India’s rice fields & ports are buzzing as exports grow strong! 🌍

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Japan inflation probably accelerated in March on rice price rise - Reuters poll TOKYO (Reuters) - Japan’s core inflation probably accelerated in March from the previous month as rice prices rose, a Reuters poll showed, a sign of persistent cost pressure that is likely to encourage the central bank to proceed with monetary policy normalisation. Still, the Bank of Japan is facing the difficult task of timing its next interest rate hike as U.S. President Donald Trump’s tariffs and a trade war with China raise fears of a global recession. The core consumer price index (CPI), which includes oil products but excludes fresh food prices, was expected to have climbed 3.2% in March from a year earlier, a poll of 17 economists showed on Friday. That figure compared with 3% in February. "While government subsidies for electricity bills would curb energy price growth, the year-on-year increase in prices is expected to widen from the previous month due to continued price rises in a wide range of items, including rice," said Shunpei Fujita, economist at Mitsubishi UFJ (NYSE:MUFG) Research and Consulting. A separate index that strips away the effects of both fresh food and fuel costs and is closely watched by the Bank of Japan as a broader price trend indicator, was expected to pick up to 2.8% in March from 2.6% in February, SMBC analysts said. Stubbornly high food prices and rising wages have kept consumer inflation above the BOJ’s 2% target for nearly three years, underpinning market expectations the central bank will continue increasing interest rates from the current 0.5%. Although Trump this week announced a 90-day postponement on plans for sweeping tariffs on goods imported into the U.S, he stepped up duties on China, while maintaining 25% tariffs on aluminium, steel and autos and a blanket 10% levy on imported goods. The internal affairs ministry will release March CPI data at 8:30 a.m. on April 18 (2330 GMT on April 17).

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