Japan to release stockpiled rice monthly through July as prices soar

The Japanese government will release additional stockpiled rice every month until the end of July to stabilize soaring prices, farm minister Taku Eto said Wednesday.The announcement comes as price rises have continued unabated even after 212,000 tons of stockpiled rice was already released in two tranches.For the third release, the government will put 100,000 tons of stockpiled rice up for auction in late April, and the sizes of subsequent releases will be based on market conditions and other factors, Eto told reporters after being instructed in a meeting with Prime Minister Shigeru Ishiba …READ FULL ARTICLE