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How Japan went from a rice shortage to a rice surplus in two years, as climate change, tourism, and a U.S. trade fight collided

Summary by BizToc
In 2023, extreme heat and drought damaged Japan’s rice crop, and a year later, that damage turned into a national shortage so severe, it forced a government minister to resign. By 2026, Japan had swung so far in the opposite direction that it was sitting on a record surplus, forcing the government…

4 Articles

From price collapse to record surplus: understand how Japan's rice market has turned in two years and what's coming now

After a historical shortage caused by extreme and dry heat, Japan now faces a record surplus of rice, resulting from increased production, advanced imports and distortions in the local market

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BizToc broke the news on Saturday, September 26, 2026.
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