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cover of episode Japan faces a rice crisis as emergency supplies are released

Japan faces a rice crisis as emergency supplies are released

2025/6/10
logo of podcast Marketplace Morning Report

Marketplace Morning Report

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Japan is facing a rice shortage, with prices doubling and the government releasing emergency reserves. This is due to bad weather, fewer farmers, and increased demand. The crisis highlights broader economic struggles and the country's reliance on imports.
  • Rice prices in Japan have doubled.
  • The government is releasing emergency rice reserves.
  • The crisis is linked to bad weather, fewer farmers, and increased demand from tourism.
  • Japan imports over half its food.
  • The crisis is symptomatic of broader economic struggles.

Shownotes Transcript

From the BBC World Service: Japan is facing a rice emergency. Prices are soaring, supplies are tight, and it's already cost one government minister his job. So what's going on? It's a mix of bad weather, fewer rice-farming households, and booming demand from tourism and dining out. We'll unpack. Plus, a Danish drugmaker is closing a Copenhagen factory that produces antibiotics for Europe. We'll learn about the causes and implications.