Japan rice disaster exhibits indicators of easing as costs stabilize and shares return to cabinets

Japan rice disaster exhibits indicators of easing as costs stabilize and shares return to cabinets

A worker puts konbu sea weed on rice on the riceball production line at the processing factory of Fuji Foods Co., in Funabashi, Chiba, Japan, on Friday, Jan. 26, 2024. Riceballs are one of the 7-Eleven Japan’s most important products, with more than 2 billion sold each year. Photographer: Noriko Hayashi/Bloomberg via Getty Images Bloomberg … Read more

Rice costs in Japan greater than double in Could as core inflation jumps to highest ranges since 2023

Rice costs in Japan greater than double in Could as core inflation jumps to highest ranges since 2023

A worker handles sacks of brown rice at a Shinmei Co. plant in Kawaguchi, Saitama Prefecture, Japan, on Tuesday, Sept. 24, 2024. Bags of rice are expected to start filling the shelves of Japan’s supermarkets again soon as farmers harvest their new crop, though the increase in supply will do little to tame higher prices. … Read more