[Sad News] The crash in rice prices shows no signs of stopping

1 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:01:24 ID:IHrt

2 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:01:41 ID:OYGS
Hell yeah

3 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:01:44 ID:2VdX
Hell yeah

4 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:02:11 ID:OYGS
Wholesalers sitting on stock need to cut their losses now

5 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:02:55 ID:AqxC
Around here it’s already getting down to near 3,000 yen including tax

6 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:03:33 ID:6yIu
What was the actual reason for the price hike, anyway?

12 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:06:18 ID:sWmn
>>6
It was caused by the lifting of the rice futures ban.

Rice futures ban lifted: August 2024
Rice price surge started: End of July 2024

9 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:05:29 ID:XsFj
New rice is coming out in August, what are they going to do with warehouses packed to the brim?

10 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:05:31 ID:nTgw
If the price drops too much that’s a problem too, can’t it stay around 6,000 yen for 10kg?

13 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:06:24 ID:EmB5
It was too cheap to begin with.

14 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:06:37 ID:sWmn
>>13
That lie doesn’t work anymore.

19 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:08:03 ID:AqxC
Saying it was too cheap to begin with isn’t entirely a lie.
Rice farmers rely on profits and government subsidies, after all.

20 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:09:40 ID:wtfT
Well, no matter how much people shout that it was too cheap to begin with,
the shitty moves they made were still the problem.

21 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:10:04 ID:AqxC
The combination of rice acreage reduction and a bad harvest was the original cause of the shortage.
But the unnecessary price surge was the fault of JA and the middlemen.

22 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:12:10 ID:EInU
I keep a household budget, and before this whole mess, the standard price for 5kg was 1,300 yen.
Don’t make such a fuss just because it dropped below 3,000 yen.

24 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:16:08 ID:AqxC
I used to be able to buy brand-name rice for about 2,500 yen for 5kg normally.

30 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:20:02 ID:Nr1a
If they had raised the price gradually it might have been barely acceptable, but they raised it too suddenly.

31 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:20:40 ID:sWmn
In the first place, even the old price was nearly twice as high as in the US or Korea.
Are you stupid?

38 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:24:04 ID:OjOC
I got some for 2,200 yen a few days ago.

45 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:38:28 ID:5Qgk
It was around 1,500 yen for 5kg, right? Lower it to about 2,000 yen.

49 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:39:47 ID:sWmn
>>45
Even considering inflation, I think that’s about right too.

50 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:40:25 ID:JVJA
Rice takes 30 minutes just to cook; it’s bad for time-performance.

62 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:44:07 ID:JVJA
Convenience store: “Onigiri? We ain’t lowering the prices lol”

65 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:45:26 ID:nrYp
I stopped buying convenience store onigiri.
Actually, I stopped going to convenience stores altogether.

71 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 11:47:09 ID:d7Iy
Originally
Japanese people: “Isn’t rice worse value for money compared to bread or noodles?”

I wonder how much people have moved away from eating rice.

99 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:08:11 ID:oGd8
In three months, the new rice will arrive and prices will crash even further.
Just a little more patience.

102 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:09:02 ID:S24k
Thank you LDP.
Thank you rice farmers.

109 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:10:51 ID:TMcf
I’m not eating rice anymore, it’s such a hassle.

118 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:13:33 ID:eNss
Maybe we should all eat corn like South Americans.

121 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:14:37 ID:TKBM
Potatoes are having a bumper crop this year, apparently.
Everyone eat potatoes, croquettes are fine too.

124 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:14:51 ID:7VRr
I always think, why can’t rice production be a public project?
Ensuring food, clothing, and shelter is the government’s role, after all.

127 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:15:34 ID:QhuU
>>124
It’s not like we only eat rice.

129 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:15:38 ID:N8Xl
>>124
The public wouldn’t approve of allocating budget to agriculture.

132 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:16:09 ID:TMcf
>>124
Rice farmers: “No.”

125 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:14:54 ID:oGd8
Somen is legendary.
600g doesn’t even cost 200 yen, so it’s good value for money.

People who buy it at convenience stores are idiots.

160 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:26:21 ID:VFVQ
Pasta, which goes through milling and noodle-making processes and is shipped from overseas, is somehow sold for half the price of rice, so of course people aren’t eating rice.

162 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:28:35 ID:Simk
Lol at the traders who bought it at such a high price last year not sending me any contact this year.
So transparent.

164 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:31:01 ID:K9wm
Stupid farmers and distributors need to face the fact that rice-eating culture itself has declined due to their own greed.

168 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:31:49 ID:ywax
In an era where everything else is inflating, this is a good thing, right?
Poor people, go eat rice.

169 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:32:10 ID:7TVA
For real? Guess I have no choice but to eat the rice I already bought.

205 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:57:34 ID:XReL
Old rice is already down to under 1,500 yen for 5kg, and last year’s stuff is going to animal feed.

208 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:58:44 ID:XReL
Supermarket onigiri are starting to appear in the 50-yen range too.

209 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 12:58:53 ID:j3Dg
I got rice coupons from the city office, so I’ll buy some once the price drops.

211 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 13:03:58 ID:9eeC
Keep at it until my usual Uonuma Koshihikari gets down to 3,000 yen for 5kg.

222 Name: Unknown Japuzz Watcher[] Posted: 26/07/01(Wed) 13:44:10 ID:pgrq
Tissues, naphtha, masks, rice…
If the government says it’s there, it’s there.
Learn that already.

Source: [Sad News] The crash in rice prices shows no signs of stopping
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