Business | Jun 11

High grain prices prompt Japan farmers to grow wheat rather than rice

More Japanese farmers are planning to lower their rice production and switch to wheat and soybean this year amid rising grain prices caused by Russia's war in Ukraine, according to a government survey.

Among Japan's 47 prefectures, 37 said as of the end of April that they will reduce cooking rice acreage from a year earlier, up from the 22 prefectures that responded the same way in the previous January survey, said the Ministry of Agriculture, Forestry and Fisheries.


MORE Business NEWS

In response to the continued surge in energy prices due to the weakening yen and the rise in consumer prices, the Japanese government has decided to extend the subsidy for gasoline and other fuels beyond its April deadline.

The Ministry of Economy, Trade and Industry (METI) estimates the economic loss due to health issues unique to women, such as menstruation and menopause, at approximately 3.4 trillion yen.

As of January 1 this year, land prices across Japan have increased for the third consecutive year, with the rate of increase also expanding, indicating a clear recovery from the coronavirus pandemic.

POPULAR NEWS

Somei Yoshino cherry trees are on the verge of full bloom in Tokyo, with forecasts indicating that the blossoms could be officially declared anytime. However, there is a risk of spring storms developing through Friday.

Seven-Eleven have extended the expiry date of its hand-rolled onigiri (rice balls), including salmon, plum, kelp, spicy cod roe, and tuna mayonnaise varieties.

The Japanese government finalized a new strategy on Wednesday aimed at the development of next-generation domestic aircraft, including initiatives for eco-friendly aviation technologies.

During a visit to Mie Prefecture, Princess Aiko, the daughter of Emperor Naruhito and Empress Masako, immersed herself in the rich tapestry of Japan's past at a museum within the sacred precincts of Ise Shrine on Wednesday morning.

As housing prices continue to surge in Japan's capital, a phenomenon known as "Escape from Tokyo" is seeing families with children moving out of Tokyo to neighboring prefectures such as Kanagawa, Saitama, and Chiba.

FOLLOW US