Japan Rice Prices Soar: Record Highs Fuel Concerns Over Agricultural Cooperatives and Policy
Recent data from Japan’s agriculture ministry indicates that the average retail rice price reached a new record high for the first time in three weeks. The average price of rice sold across approximately 1,000 supermarkets rose to ¥4,335 per 5 kilograms, with brand rice, primarily newly harvested, increasing to ¥4,551. Notably, blended rice prices saw a significant jump to ¥3,870, likely due to the incorporation of the 2025 harvest, contributing to the overall price increase observed across various retail outlets.