Consumers in Japan may have to brace for higher rice prices for the autumn harvest. The country's largest group of rice collectors and wholesalers, the Japan Agricultural Co-operatives, are significantly raising their advance payments to farmers, a benchmark for setting the market price of the staple grain.
A cooperative in Niigata prefecture, Japan's top rice producing area, will increase its prepayment for the Koshihikari variety by 35 percent.
The payment will rise to 23,000 yen, or around 161 dollars per 60 kilograms. That is up by 6,000 yen, or 42 dollars from the amount set last year.
Sources say a cooperative in Akita prefecture, another major rice producing region, plans to increase the payment by 42 percent.
The figure for the Akitakomachi variety per 60 kilograms is expected to increase to 24,000 yen, or about 168 dollars, up by 7,200 yen, or around 50 dollars.
Cooperatives are presenting the advance payment figures earlier than usual, before the planting season, apparently to encourage farmers to offer their autumn crop to the cooperatives, instead of to other buyers.
A cooperative in Niigata prefecture, Japan's top rice producing area, will increase its prepayment for the Koshihikari variety by 35 percent.
The payment will rise to 23,000 yen, or around 161 dollars per 60 kilograms. That is up by 6,000 yen, or 42 dollars from the amount set last year.
Sources say a cooperative in Akita prefecture, another major rice producing region, plans to increase the payment by 42 percent.
The figure for the Akitakomachi variety per 60 kilograms is expected to increase to 24,000 yen, or about 168 dollars, up by 7,200 yen, or around 50 dollars.
Cooperatives are presenting the advance payment figures earlier than usual, before the planting season, apparently to encourage farmers to offer their autumn crop to the cooperatives, instead of to other buyers.
Similar Readings (5 items)
Higher prepayments to rice farmers likely to push up retail price
summary of Higher prepayments to rice farmers likely to push up retail price
summary of Higher prepayments to rice farmers likely to push up retail price
Rice prices climb to new high in October
Price of Japan's newly harvested rice surges 48% in Sep.
Summary
Japan's largest rice cooperatives are increasing advance payments to farmers for the autumn harvest, which may lead to higher prices for consumers. The prepayment for Koshihikari variety in Niigata prefecture is rising by 35%, to approximately 23,000 yen (161 USD) per 60 kg, and another
Statistics
176
Words1
Read CountDetails
ID: f1761eb6-d04d-4df8-bd4d-ded4dd50784e
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250507_B6/
Created: 2025/05/08 07:00
Updated: 2025/12/08 04:20
Last Read: 2025/05/08 18:07