DiscoverMarketplace Morning ReportJapan auctions emergency rice reserves
Japan auctions emergency rice reserves

Japan auctions emergency rice reserves

Update: 2025-03-10
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From the BBC World Service: The Japanese government begins a rare auction of its emergency rice stockpiles in a bid to drive down the surging price of the national staple; rice prices have roughly doubled over the past year. Then, China’s retaliatory tariffs on billions of dollars’ worth of U.S. goods are officially in force. Plus, we’ll hear how the war in Ukraine is creating a new middle class of Russians.

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Japan auctions emergency rice reserves

Japan auctions emergency rice reserves

Marketplace / David Brancaccio and Leanna Byrne