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The Ministry of Agriculture has taken unprecedented steps to alleviate the soaring rice prices that have plagued Japan since the summer 2024 rice shortage.
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has taken extraordinary steps to alleviate high rice prices that have continued to increase since the domestic rice shortage in summer 2024.
FAS/Tokyo estimates lower wheat and barley production in Marketing Year (MY)2024/25 from the previous year as unfavorable weather conditions and disease outbreak have reduced yields in main production regions.
Throughout summer 2024, Japan has been grappling with a table rice shortage resulting in empty supermarket as demand outpaced production for the last three years causing stocks to deplete to their lowest levels in over 20 years.
EU grain production in MY 2024/25 is expected to decline from last year’s levels due to a combination of smaller area planted to grains and lower yields affecting all grains except for barley and oats.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
In MY 2024/25, EU grain production is anticipated to exceed the previous season’s levels and amount to 274 MMT. Excessive rain currently prevails in the EU’s northwest, hampering winter grains development and impeding spring planting operations.
FAS/Tokyo forecasts an increase in corn imports and consumption in MY2023/24 and MY2024/25 due to softening global prices and the rebound of the layer population following the recovery of Highly Pathogenic Avian Influenza outbreaks.
Extreme weather conditions across the EU reduced grain production projections in MY 2023/24, although production is still anticipated to exceed MY 2022/23 levels. EU grain export expectations have deteriorated based on third country competition in...
FAS/Tokyo estimates lower MY2023/24 rice production in Japan as extremely high temperatures and little rain are expected to lower yield and quality.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
In Japan Fiscal Year 2022, Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) awarded 677,714 metric tons of rice through the Minimum Access import system.