Japan’s farm minister, Taku Eto, resigned on Wednesday amid public backlash over his comments about receiving free rice from supporters while most citizens are struggling with soaring rice prices. His remarks, made during a time of significant price inflation for rice, angered many as the country faces ongoing supply issues due to bad weather and protective policies for local farmers. According to reports, rice prices have increased significantly, with a 5-kilogram bag now costing around 4,268 yen ($29.63).
The resignation comes as Prime Minister Shigeru Ishiba’s government grapples with low approval ratings, currently at a record low of 27.4%. The discontent among voters is fueled partly by the government’s inability to address the rice price crisis and their rejection of consumption tax cuts amidst rising inflation. The Ministry of Agriculture’s attempts to stabilize prices through government stockpile releases have had minimal effect.
Japan’s inflation was reported at 3.6% year-on-year in March, predominantly driven by food prices, which heightens consumer frustration. Economists note that Japan’s rice production is inefficient, primarily managed by an aging demographic, resulting in decreased output and rising prices. Moreover, Japan heavily relies on local rice due to cultural preferences, despite the potential for imports.
As demand for Japanese rice surges—partly from increased tourism—the overall situation is worsened by panic buying from households and businesses. While some retailers are considering rice imports, a lack of acceptance can limit the expected relief to supply shortages. The current food self-sufficiency rate is only 38%, below the government’s target of 45% by 2030, further complicating the food security landscape.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
