The Reiwa Rice Crisis! Why Is Japan Facing a Sudden Rice Shortage?

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Japan is experiencing a serious rice shortage and soaring prices. Despite being the country’s staple food, delayed government action and failed policies have worsened the crisis. In 2023, Osaka Governor Hirofumi Yoshimura urged the government to release rice reserves, but Agriculture Minister Tetsushi Sakamoto hesitated, citing concerns over market stability. The delayed response led to ongoing supply shortages and inflation concerns.

How did this happen? Is this just a supply issue, or is inflation strategy involved? This video breaks down the situation, examining the impact of the 2023 heatwave, rice acreage reduction policies, and the role of the Consumer Price Index (CPI).

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