Japan eyes more rice exports as domestic consumption set to decline

The Japanese government on Friday vowed to explore new overseas markets and provide support for more efficient production as part of efforts to increase rice exports in response to an envisioned long-term contraction in domestic consumption.In the annual white paper on food and agriculture for fiscal 2024 approved by the Cabinet, the Ministry of Agriculture, Forestry and Fisheries recommends increased rice exports despite the Japanese government recently introducing measures to curb soaring domestic prices, driven in part by shortages.The report identified China, Singapore, the United State…READ FULL ARTICLE