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Commodities

Australian rice finds favor in Japan as cheaper option

Price surge for domestic varieties and TPP-11 quota drive import trend

TOKYO -- Eateries and consumers alike in Japan are turning to rice from Australia as a thrifty option for their main food staple, shunning domestically grown varieties that have been more expensive for four years running.

Fast-food restaurants in particular are embracing the import as a way to cut costs to cope with rising wages.

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