How Japan went from a rice shortage to a rice surplus in two years, as climate change, tourism, and a U.S. trade fight collided
- Posted on September 26, 2026
- By Fortune
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- 1 min read
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How Japan went from a rice shortage to a rice surplus in two years, as climate change, tourism, and a U.S. trade fight collided
A drought-driven shortage in 2024 nearly doubled prices to ¥4,300 a bag and toppled a minister, before farmers overcorrected into a record surplus.
