"Experts point out that there are issues with the rice stockpiling bidding system; prices may rise over the next three months."

 

The price of rice continues to soar. The stockpiled rice that was supposed to help control the price is also not reaching us effectivity. Where does the problem lie in the system?

 As the rice planting season arrives in Hokuto City, Yamanashi Prefecture, farmers are flooded with inquiries from contractors even before planning seedling.

According to the Rice Industry Organization composed of rice sales operators, the price forecast for staple rice over the next three months is slightly increasing. Price is expected to continue rising in the future.

Amidst the continuing high prices, the government has released approximately 310,000 tons of stockpiled rice. However, it has not been reaching consumers effectively. The government is considering easing the participation criteria in order to encourage more vendors to take part in the bidding. On the other hand, experts point out that there are further areas for improvement in the bidding format.

Rice is something we eat every day, so I hope the price returns to what it was before the prize hike. Now that it has become twice the original amount, life is difficult.

https://news.tv-asahi.co.jp/news_economy/articles/900024628.html?page2


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