Thursday, May 15, 2008

Rice shortage relief?

...Japan imports a substantial amount of medium-grain rice from the US and long-grain rice from Thailand and Vietnam....

...to protect its domestic rice protection, Tokyo stocks the imported rice until it deteriorates, then sells it as livestock feed on the Japanese market...

..."Japan would be very happy to dispose of this rice to the world market, but it cannot do so without US acquiescence"....Yahoo Malaysia

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