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🇯🇵 Japan /Elections & Politics

Agriculture minister Suzuki announces plan to buy back 210,000 tons of government rice reserves

From NHK · () Japanese

Translated from Japanese and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Agriculture Minister Suzuki formally announced that the government plans to buy back 210,000 tons of rice released from its reserves last year.
  • The buyback will target rice from last year’s harvest held by collectors and other suppliers.
  • The announcement comes as rice prices continue to fall.

Japan’s Agriculture Minister Suzuki has formally announced plans to buy back 210,000 tons of government rice reserves released last year.

Speaking at a news conference after a Cabinet meeting on the first day of the month, Suzuki said the buyback would target rice from last year’s harvest held by collection firms and other suppliers.

The move comes as rice prices continue to decline.

About this summary

Originally published by NHK in Japanese. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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