✉news EnvironmentClimate first seen 12 h ago, last 17 min ago, peak #11
Japan swings from rice shortage to surplus in two years
Original: Japan went from a rice shortage to a rice surplus in two years, due to drought, tourism and the U.S.
Japan has shifted from a rice shortage to a rice surplus in roughly two years, according to Fortune. The reversal is attributed to a combination of factors: drought conditions that had previously squeezed harvests, surging tourism that drove up domestic demand, and trade dynamics involving the United States. The swing has drawn attention given the political sensitivity of rice prices in Japan, where rice costs have been a major consumer concern.
Why now: Rice prices and supply have been a politically charged issue in Japan, so a rapid swing from shortage to surplus is striking.
Rank over time, top of the chart is #1. 10 snapshots from 12 h ago to 17 min ago.
Evidence
- Japan went from a rice shortage to a rice surplus in two years, due to drought, tourism and the U.S. · Fortune
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