Grain & Cereals insights

Press Release Today, the "Reiwa 7 Fiscal Year White Paper on Food, Agriculture, and Rural Areas" was approved at a cabinet meeting. The special feature of this edition is "Measures for Stable Rice Supply." Through this white paper, we aim to deepen the interest and understanding of the nation's citizens regarding food, agriculture, and rural areas. 1. Overview of the Reiwa 7 Fiscal Year White Paper on Food, Agriculture, and Rural Areas The White Paper on Food, Agriculture, and Rural Areas is an annual report submitted by the government to the Diet based on the Basic Act on Food, Agriculture, and Rural Areas. The special feature takes up measures for stable rice supply. The "Reiwa 7 Fiscal Year White Paper on Food, Agriculture, and Rural Areas" can be viewed at the following URL: https://www.maff.go.jp/j/wpaper/w_maff/r7/index.html 2. Key Points Trends in Food, Agriculture, and Rural Areas for Reiwa 7 (Special Feature) Measures for Stable Rice Supply Description of factors behind rising rice prices, examination of responses, and response measures based on this (Topics) Introduction of the following two themes - Regional planning efforts to envision the future of regional agriculture - Special feature: Reflecting on Showa 100 Chapter 1: Global Food Supply and Demand and Securing Food Supply in Japan Trends in global food supply and demand, trends in food supply in Japan Chapter 2: Sustainable Development of Agriculture and Securing Food Self-Sufficiency Cultivation and securing of successors, trends in farmland Chapter 3: Promotion of Exports Promotion of exports, overseas expansion of the food industry, expansion of food-related consumption due to inbound tourism Chapter 4: Food Security and Sustainable Food Systems for Each Individual Securing the food industry and food access, price formation considering reasonable costs, food tech Chapter 5: Establishment of a Food System in Harmony with the Environment and the Demonstration of Multifunctionality Promotion of the green food system strategy and multifunctionality of agriculture and rural areas Chapter 6: Promotion of Rural Areas Promotion of rural revitalization and agritourism and agri-welfare collaboration Chapter 7: Response to Natural Disasters Recovery and reconstruction from the Great East Japan Earthquake and nuclear accident, status of damage and recovery from major natural disasters affecting agriculture, forestry, and fisheries Policies on Food, Agriculture, and Rural Areas for Reiwa 7 Overview of policies implemented in Reiwa 7 Attachments Press release materials (PDF: 569KB)

Under monsoon skies leaden with rain, Myanmar rice farmers despondently tend their paddy fields, doubtful the deluge will bring bountiful harvests during a fuel and fertiliser crisis caused by the Iran war. 'If prices continue to rise, I will be a beggar,' says veteran farmer Soe Naing, perched on a sack of rice seed overlooking his 30 acres (12 hectares) of rented land outside the delta town of Kawhmu. 'I may give up working as a farmer, but growing rice is my calling,' the 49-year-old told AFP between thunderous sheets of rain heralding the start of planting season across Myanmar's riverine south. The US-Iran war continues to send supply shocks worldwide, even as a fragile ceasefire holds. Conflict closing the Strait of Hormuz has been particularly damaging to Asia, the destination for 80 percent of oil transiting the seaway, according to the International Energy Agency. Myanmar, already gripped by a humanitarian crisis amidst its civil war, is vulnerable further still. The ...

The country’s rice production is projected to drop by 700,000 metric tons this year amid the looming “strong” El Niño, the Department of Agriculture said yesterday.