"To keep prices high and support domestic farmers, Japan limits rice production. The farmers sell to collecting agents who sell to wholesalers"
Also:
" “Some businesses and individuals have started to deal in rice as a money game,” Masayuki Ogawa, an assistant professor of agricultural economics at Utsunomiya University"
https://www.firstpost.com/explainers/japan-rice-shortage-auction-emergency-reserves-13877857.html
🔸Of course Agri Minister Taku Eto "blamed the price hike on a supply chain issue" indicating a lack of systems thinking🙄
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Minoru Saba (minorusaba@toad.social)'s status on Friday, 16-May-2025 23:49:07 JST Minoru Saba