Japan to release rice from reserves for first time to tame soaring prices

Farm minister aims to bring market 'back to normal' by releasing 210,000 tonnes

20250214 Japan Rice Filephoto

Japan's government suspects wholesalers and farmers are hoarding rice in anticipation of further price hikes for the staple grain. (Photo by Tadanori Yoshida)

TOKYO (Kyodo) -- The government will release up to 210,000 tonnes of its stockpiled rice, Farm Minister Taku Eto said Friday, in a bid to ensure smooth distribution of the Japanese staple amid soaring prices.

The stockpiled rice will be handed over to wholesalers in mid-March after bidding and is expected to hit store shelves between late March and early April.

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