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Published online by Cambridge University Press: 07 May 2025
The G8 Summit has come and gone, and with it a missed opportunity for Japan to take center stage for helping to resolve the world rice crisis. Although significant relief from the peak rice prices in April has already been achieved, in part due to an early announcement by Japan that it would release some of its imported rice stocks, there has been no follow-up by the Japanese government to sustain the momentum achieved in May, and to keep rice prices falling back to levels more affordable by poor countries and poor consumers.
[1] I would like to thank Tom Slayton, former editor of “The Rice Trader” and now Visiting Fellow at the Center for Global Development, for continuing conversations on these topics over the past several months.
[2] Thai 100% B, FOB Bangkok