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Japan swings from rice shortage to surplus in two years
Original: Japan went from a rice shortage to a rice surplus in two years, due to drought, tourism and the U.S.
Japan has moved from a national rice shortage to a rice surplus within roughly two years, according to Fortune. The reversal is attributed to a combination of factors: drought conditions that damaged harvests during the shortage, a surge in inbound tourism that drove up domestic demand for rice, and pressure linked to the United States, including trade considerations around rice imports. The swing highlights how quickly Japan's staple grain supply can shift, with implications for prices and agricultural policy.
Why now: Rice prices and food security are a live concern in Japan, so the rapid reversal in supply is drawing wide attention
Evidence
- Japan went from a rice shortage to a rice surplus in two years, due to drought, tourism and the U.S. · Fortune
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