1. Japanese rice producers, wholesalers, and industry members anticipate increased prices for this year's rice harvest.
2. The Rice Stable Supply Support Organization's August survey reported an increase in the coincident index for rice prices (85), indicating higher price expectations.
3. The leading index for the next three months has risen to 69, a record since the survey began in 2012, suggesting continued upward price trends. Agricultural cooperatives are also raising temporary payments to farmers due to concerns about the summer heat and water shortage affecting new harvests.
2. The Rice Stable Supply Support Organization's August survey reported an increase in the coincident index for rice prices (85), indicating higher price expectations.
3. The leading index for the next three months has risen to 69, a record since the survey began in 2012, suggesting continued upward price trends. Agricultural cooperatives are also raising temporary payments to farmers due to concerns about the summer heat and water shortage affecting new harvests.
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Summary
Japanese rice industry expects price increase for this year's harvest due to rising Rice Stable Supply Support Organization index (85), signifying higher price expectations, with a leading index of 69 (record since 2012) indicating continued upward trends. Agricultural cooperatives are raising