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Japan New Rice Prices Plunge 42 %

Initial trading prices for Japan's 2026 rice crop fell 42% year on year per 60 kg of brown rice. Some supermarkets are selling fresh rice at about 2,000 yen per 5 kg, cheaper than older stock, an unusual reversal since new rice normally commands a premium. The drop is attributed to large 2025 harvest inventories still held by private distributors. Shunsuke Orikasa of the Distribution Economics Institute expects an average 2026 harvest, with new rice prices likely staying between 2,000 and 2,500 yen per 5 kg.

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