Japanese consumers have historically steered clear of foreign rice. But facing high prices, they rushed last week to buy the first South Korean imports to Japan in decades, clearing the shelves within days, South Korean officials said. It was a…
Tag: Rice
Canada’s Small Businesses Face a ‘Double Hit’ in the Trade War With U.S.
After 142 years in the business of milling and packaging rice and rice flour, Dainty Foods was on a roll. A surge in demand for precooked and flavored rice made for microwaving had suddenly lifted the fortunes of Canada’s only…
Japan’s Rice Shortage Sets Off Auction of Emergency Stockpile
The results of a rare, closely watched auction in Japan that ended this week are about to be released. But there were no paintings or antique cars on the auction block. The government is selling 165,000 tons of rice —…