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Asia Rice Surges 20% in May as War and Weather Threaten Output

Asia Rice Surges 20% in May as War and Weather Threaten Output
Key Points

Harvested rice grain loaded into a truck in a paddy field in Otawara, Tochigi Prefecture, Japan, on Wednesday, Aug. 27, 2025. In a break from a decades-old policy, Prime Minister Shigeru Ishiba this month encouraged farmers to disregard a cap on rice production and boost cultivation.

Harvested rice grain loaded into a truck in a paddy field in Otawara, Tochigi Prefecture, Japan, on Wednesday, Aug. 27, 2025. In a break from a decades-old policy, Prime Minister Shigeru Ishiba this month encouraged farmers to disregard a cap on rice production and boost cultivation.
Minister Shigeru Ishiba (PERSON) Asia (LOCATION) Japan (LOCATION)
Originally published by Bloomberg Markets Read original →