Japan has gone from a severe rice shortage in 2024 to a record surplus by 2026, forcing the government to buy back rice to prevent a price collapse. The dramatic swing was driven by extreme weather, a tourism boom, panic buying, and a U.S. trade deal that increased American rice…
Japan Swings From Rice Shortage to Record Surplus in Two Years
Japan has gone from a severe rice shortage in 2024 to a record surplus by 2026, forcing the government to buy back rice to prevent a price collapse. The dramatic swing was driven by extreme weather, a tourism boom, panic buying, and a U.S. trade deal that increased American rice imports.
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