Expectations that rice prices will fall in Japan in the months ahead are increasing among rice growers and traders, an industry group said Monday.<\/p>\n
The diffusion index for the outlook on rice prices over the next three months fell 4 points in June from the previous month to 19, equaling the lowest level on record marked in August 2014 and remaining below 50 for the ninth consecutive month, said a group that includes the National Federation of Agricultural Cooperative Associations.<\/p>\n
If rice prices are expected to be roughly at the same level, the index stands at 50. The stronger the expectations for lower rice prices, the closer it draws to zero.<\/p>\n
The supply-demand outlook index edged up 1 point to 20, highlighting growing expectations for sufficient supply.<\/p>\n
A record 58% of rice industry members surveyed said that they took account of inventory levels when judging rice prices and the supply-demand situation, indicating that they paid much attention to high inventory levels.<\/p>\n
The June report was based on a monthly survey of rice producers, wholesalers, retailers and others, with valid responses coming from 135 respondents.<\/p>\n","protected":false},"excerpt":{"rendered":"Expectations that rice prices will fall in Japan in the months ahead are increasing among rice growers and…\n","protected":false},"author":2,"featured_media":574370,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[2567,79,179,18,518,19,185,17,1405],"class_list":["post-574369","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-agriculture","tag-business","tag-economy","tag-eire","tag-food","tag-ie","tag-inflation","tag-ireland","tag-rice"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116882150990914071","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/574369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=574369"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/574369\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/574370"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=574369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=574369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=574369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}