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ECONOMY > Agriculture

New body launched to adjust rice supply-demand conditions

  • December 21, 2017
  • , Jiji Press , 9:40 p.m.
  • English Press

Tokyo, Dec. 21 (Jiji Press)–A new organization led by agricultural cooperatives was launched in Japan on Thursday for adjusting supply-demand conditions for rice, ahead of the abolition in fiscal 2018 of the government’s “gentan” system for curbing production of the staple food for Japanese people.

The group will gather information on rice production status and demand across the nation.

As part of its activities, the organization is expected to call on farmers to increase production of rice for commercial use, which is currently in short supply, while encouraging food service companies to sign multiyear contracts for rice procurements.

But it is unclear whether the new group can produce intended results, because it has no authority to decide prefecture-by-prefecture production quotas, informed sources said.

The group is made up of the Central Union of Agricultural Cooperatives, or JA-Zenchu, which serves as its secretariat, and 15 other bodies, including those for “bento” boxed meal producers and retailers.

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