New-Crop Rice Wholesale Price Plunges 42% on Oversupply — 5ch: “We’ll Be Eating Well for a While”

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The story

On the 16th, the Ministry of Agriculture, Forestry and Fisheries announced that the average wholesale price for new-crop rice across all brands in September came to 21,293 yen per 60kg of unmilled rice (genmai), down 42% from the same month last year. The decline is attributed to inventories ballooning as production outpaced demand since last year, along with harvest delays caused by prolonged rain. On the thread, many welcomed the price drops at supermarkets, while others questioned why there’s a surplus when there was a rice shortage just last year, alongside sympathy — and some backlash — toward farmers struggling with falling prices, and disagreement over what caused last year’s price spike in the first place.

New-Crop Rice Wholesale Price Drops 42% — September Average, Amid Oversupply | NEWSjp – Kyodo News

Published 2026/10/16 17:06:53

The Ministry of Agriculture, Forestry and Fisheries announced on the 16th that the wholesale price of rice harvested this year, averaged across all brands in September, came to 21,293 yen per 60kg of unmilled rice (genmai). That’s a 42% drop from the same month a year earlier. The effect reflects rice production outpacing demand since last year, swelling inventories. Retail prices at supermarkets and other stores may continue to fall. Harvest delays caused by extended rain are also believed to be a factor, and trading contract volumes were sluggish.

Source: news.jp / Original article here

What people said

4AnonymousOct 16, 2026 17:20
New rice, 5 tons for under 3,000 yen including tax.
This is exactly how it should be.
5AnonymousOct 16, 2026 17:20
Re: #4
We'll be eating well for a while.
96AnonymousOct 16, 2026 18:32
Re: #4
We can hold out for 10 years with this.
159AnonymousOct 16, 2026 21:10
Re: #4
Someone said the going rate for one "俵" (a 60kg rice bale) in the US is about 3,000 yen.
If that's right, that's 1/10th of what it cost in Japan last year.
I'm kind of skeptical though.
8AnonymousOct 16, 2026 17:21
By the way, why is there so much leftover rice from last year?
Wasn't there a rice shortage?
102AnonymousOct 16, 2026 18:36
Re: #8
They said there wasn't even any stock back then, right?
131AnonymousOct 16, 2026 19:19
Re: #8
Re: #102
There wasn't any at the time, but lately it's been popping up out of nowhere, like from another dimension.
12AnonymousOct 16, 2026 17:22
Bought some brand-name rice yesterday at OK Store, 5kg for 1,800 yen.
19AnonymousOct 16, 2026 17:26
Re: #12
That's the price it should be.
The supermarkets around me are still ripping people off.
21AnonymousOct 16, 2026 17:27
Here we go again — the farmers (百姓, using a dismissive old term for them) whining that they're in the red and ready to quit.
Doesn't matter either way, since Japan can't be food self-sufficient regardless.
59AnonymousOct 16, 2026 17:51
Re: #21
As long as they keep chanting "we'll quit," they've still got room to spare.
Let it drop further.
32AnonymousOct 16, 2026 17:34
It's weird that they're crying poverty when prices are still thousands of yen higher than 3 years ago.
How were they even making a living all those years before?
38AnonymousOct 16, 2026 17:37
Re: #32
Last year they suddenly started claiming farmers earn 10 yen an hour.
No way someone on 10 yen an hour could live in a house that huge.
And how are they even paying their taxes?
50AnonymousOct 16, 2026 17:46
Come on, give it a rest already, you guys.
The real anomaly is that after 30 years, the price crashed all the way down to 14,000 yen per bale.
Rather than arguing over the price itself, the right move is to let staple-food variety and market forces run their course.
The current situation seems to be driven by this foolish self-sufficiency-rate ideology claiming rice doesn't deserve a place in a free market…
57AnonymousOct 16, 2026 17:51
Re: #50
A grudge over food is a terrifying thing.
The domestic rice industry will never be forgiven.
61AnonymousOct 16, 2026 17:53
New-crop Koshihikari in Tokyo, 5kg for 1,799 yen.
Bought one, and new rice really is delicious 😋


The grains were nice and even, not chalky white.
69AnonymousOct 16, 2026 18:00
Re: #61
These days, even grade-2 rice shipped from country grain elevators — including "dead" grains (死に米, damaged/discolored kernels) — can be sorted out with visible-light and UV sorting machines and upgraded to premium grade.
I think it was developed by Yamagata's Industrial Technology Center, if I recall.
Discolored or chalky-white grains get sold off to rice-cracker makers.
The only rice left on the market with lots of dead grains mixed in is the blended stuff.
82AnonymousOct 16, 2026 18:15
The whole cause of this is JA's (Japan Agricultural Cooperatives) rip-off scheme, plain and simple.
Naturally consumers saw through this and fought back with a boycott.
But JA hasn't shown an ounce of remorse, and they're monstrously pinning the blame on Shinjiro Koizumi's release of the reserve rice stockpile instead.
With the root of all this evil, JA, acting like that, people turning away from rice is going to keep going for a long time — suffer.
156AnonymousOct 16, 2026 20:48
Re: #82
Letting JA control pricing just drives prices up, so I think we need a proper rice futures exchange.
84AnonymousOct 16, 2026 18:23
Bring convenience-store rice balls back down to 100 yen already, you damn convenience store companies.
99AnonymousOct 16, 2026 18:33
Re: #84
Good catch. Even with the reserve rice release and increased imports, prices still roughly doubled.
That's your answer right there.
97AnonymousOct 16, 2026 18:32
Once prices shot up, Japanese people just stopped eating rice lol.
Guess the government will just have to force-feed it to everyone lol.
100AnonymousOct 16, 2026 18:35
Re: #97
Honestly, maybe we just don't need to eat rice anymore.
Even if it gets cheaper than wheat, I still don't want it.
104AnonymousOct 16, 2026 18:39
Decent stores priced things sensibly from the start, so there's barely any price movement.
In my area I'm making do with new-crop Chiba Koshihikari at 1,900 yen for 5kg, or Fusakogane at 1,800 yen.
128AnonymousOct 16, 2026 19:07
Re: #104
That's pretty cheap for your area. I shop around for deals too, but new-crop Chiba-grown Fusaotome runs 1,950 yen/5kg (tax excluded) here in eastern Tokyo.
Can't really say it tastes great — better than Gohyakugawa (new-crop), at least.
Prices haven't been dropping around here lately. Hoping for something good in tomorrow's flyer.
Re: #107
Are you rinsing it too much? Over-rinsing it kills the flavor.
105AnonymousOct 16, 2026 18:40
Farmers are apparently crying that they can't make a living at this rate, but it's just back to the level from two years ago.
How were they living back then, lol?
112AnonymousOct 16, 2026 18:47
Re: #105
They were in debt.
115AnonymousOct 16, 2026 18:52
Re: #105
Well, fertilizer and other costs have gone up, so things have probably gotten harder for them.
But that's true for everyone — the whole country is struggling with inflation.
107AnonymousOct 16, 2026 18:43
Finally bought some rice from a certain prefecture once it dropped to 2,180 yen, and it had basically no flavor at all.
It was supposedly a brand-name rice too.
Guess you get what you pay for.
118AnonymousOct 16, 2026 18:59
Ripping people off on a staple food is simply unforgivable.
126AnonymousOct 16, 2026 19:03
Re: #118
A grudge over food is a terrifying thing.
People are going to bring this up for the rest of their lives.
129AnonymousOct 16, 2026 19:12
This is just karma for using inflation as cover to jack prices up more than necessary.
Though I do feel for the rice farmers who got caught in the crossfire.
132AnonymousOct 16, 2026 19:20
Re: #129
Feel for them?
They're all in this together — shared responsibility.
136AnonymousOct 16, 2026 19:26
Forget that, focus on what actually caused the price spike in the first place.
However you slice it, this crash is just the fallout from that nonsensical spike.
139AnonymousOct 16, 2026 19:29
Re: #136
Early on, the story was that some restaurant chain bought up huge quantities anticipating a shortage, which sent prices soaring.
I don't get why that company's name never comes up.

Background and Key Points of This Discussion

The agriculture ministry’s wholesale price survey is published monthly and serves as a benchmark for real market conditions. Last year saw a record rice shortage and a sharp price spike, which prompted government measures such as releasing reserve stockpiles. This latest 42% drop is seen as the correction from that spike, with the main cause being production outpacing demand and inventories piling up. Opinions in the thread were split: consumers largely welcomed the lower prices, with some framing it as simply a return to the level of a few years back, while others voiced concern over the worsening finances of farmers. There was also discussion of why last year’s spike happened in the first place, including a theory that the restaurant industry bought up large quantities — but the article offers no definitive explanation, and no consensus emerged in the thread either. Retail prices vary significantly by brand and region, and there’s typically a lag before wholesale price drops are reflected at the register — a point readers may easily misread.

*This article is compiled and summarized from the 5ch (News Express+) thread “[Rice] New-Crop Wholesale Price Drops 42% — September Average, Oversupply.”

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