Japan Begins to Take Bids in 2nd Auction of Reserve Rice

Tokyo, March 26 (Jiji Press)--The Japanese agriculture ministry on Wednesday began to accept bids in the second round of its auction for government-stockpiled rice. The focus is on whether the release of reserve rice will help curb soaring rice prices. The government plans to consider a further release if necessary. The ministry decided in February to release 210,000 tons of government-sto...

Japan Begins to Take Bids in 2nd Auction of Reserve Rice
Tokyo, March 26 (Jiji Press)--The Japanese agriculture ministry on Wednesday began to accept bids in the second round of its auction for government-stockpiled rice. The focus is on whether the release of reserve rice will help curb soaring rice prices. The government plans to consider a further release if necessary. The ministry decided in February to release 210,000 tons of government-sto...