“($29) for 5kg of rice”
~$2.50/pound
To cope with shortfalls this year, the government has released rice reserves
The crop insurance lobbies were better than the grain storage lobbyists. Remember, you can’t eat the paper insurance pays.
That’s Ricist
No sushi for you.
5kg or 50kg? $30 would be around $2.70 a pound. At costco rice is $16/25lb, 65 cents and that is double what it was 5 years ago.
And for those not in the know, the local Japanese propaganda has conditioned the people to believe that locally grown rice is somehow magical. And that it’s prefect for the Japanese population, and that all imported rice is inferior.
So there’s that as well.
$29 for 11 lbs of rice? They should order it from Amazon; its as low as $18 for 15lbs. :D
What does that have to do with the price of rice in China?
My family farms Rice in Hazen, Arkansas - Japan will not buy any US Rice except for a few select crops grown in California. You want to talk tariffs and exports? - start with US Rice and the restrictions we live with.
Japan has ridiculously clung to their import restrictions when they could have been offsetting their inflation instead.
That being said, a lot of international rice doesn’t meet what the consumers are looking for in Japan. They prefer a short grained, higher starch content, that is stickier and sweeter than other varietals. They also tend to polish their grain a lot more than you see in other countries, which is why they prefer the California varietals over others.
I’ve seen basamati and jasmine rices there when I’ve visited, but it’s considered more an ethnic food for international dishes that are not standard to Japan.
I’m sure some Arkansas rice farmers would be happy to sell them some!
“…and we thought our egg prices are a big deal….”
Bitcoin sets new high, today.
Rice flu?....