Japan's farm ministry said Friday it would set its rice production target for 2026 at 7.11 million tons in line with the maximum estimated demand, marking a shift away from the previous administration's policy of expanding production to ease price pressure.The figure, a decrease from the expected production of 7.48 million tons for the 2025 harvest, reflects the return by the administration of Prime Minister Sanae Takaichi to the conventional policy of matching production with demand.The move seeks to maintain prices by addressing producers' concerns that a further increase in production wo…READ FULL ARTICLE
