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Their rice imports have risen by 2 orders of magnitude from 126 tons a year to over 10k tons already[1] I don’t know if that is a drop in the bucket compared t
by lovich 1y ago
Their rice imports have risen by 2 orders of magnitude from 126 tons a year to over 10k tons already[1]
I don’t know if that is a drop in the bucket compared to their total consumption but their does appear to be an increasing appetite for foreign rice at the price points Japan is currently experiencing
[1] https://asia.nikkei.com/Business/Agriculture/Japan-s-May-rice-imports-surge-as-companies-shrug-off-heavy-tariff https://asia.nikkei.com/Business/Agriculture/Japan-s-May-ric...
- kondro 1y agoBut to put that in perspective, 10k tons is still only around the consumption for around 2.3m people, or less than 2% of the population.
- lovich 1y agoYea that totally fits in as this not really moving the needles, but at least on person in Japan has realized the market inefficiency and is capitalizing on it, which was main point to the comment I was replying to