Japan to ban reselling of rice as cheap stockpiles hit shelves

Eat more sweet potatoes, pasta, and less dishes with rice.

The store shelves at my local supermarket are completely out of rice. I don't know why people are panic buying when it's been reported that there was a good harvest and that more rice will be coming via government at cheaper prices.

They better check Rakuten and Mercari often. I'm sure people will try reselling the rice there. Probably Amazon as well but there's more control on that platform.

Speed

I don't know why people are panic buying when it's been reported that there was a good harvest and that more rice will be coming via government at cheaper price

That's because people are idiots. And selfish.

Garthgoyle

They better check Rakuten and Mercari often. I'm sure people will try reselling the rice there. Probably Amazon as well but there's more control on that platform.

You don't think that two e-commerce giants like Rakuten and Mercari have control over what people list on their sites?

This faltering, hapless LDP governments end game?

A genuine aim to stabilize, reduce, level the retail price for the hard-pressed J consumer?

Or a political necessity, a cyclically orchestrated means, to soften ruling once dedicated, now struggling LDP voter base before a Upper house summer election?

Take your pick.  

Farm minister Shinjiro Koizumi said the rice stockpiles are at "risk of resale because they are sold at cheaper prices."

"It is necessary to develop an environment to deliver stockpiled rice to as many people as possible,"

Shinjiro Koizumi has created a political form of economic self-flagellation, a monetary fiscal methodology for whipping oneself.

Shinjiro Koizumi should have anticipated every eventuality, the foolish notion that attempting to flood control rice market, with stockpiled rice, reserves that have been set aside for emergencies such as disasters or crop failures.

To deplete essential rice reserves, for a short term foolish inept assumption/act/belief, such an action will secure LDP ruling government 

From my local Ino town Kochi supermarkets, have had little to no effect on retail prices of the named brands is preposterously politically self-deprecating.

Rice czar Koizumi is going to singlehandedly save the LDP from defeat in the next election.

tora

Rice czar Koizumi is going to singlehandedly save the LDP from defeat in the next election.

Sadly, you're probably correct.

I don't know why people are panic buying when it's been reported that there was a good harvest and that more rice will be coming via government at cheaper price

That's because people are idiots. And selfish.

Nailed it.

prohibit the reselling of rice purchased at retail shops 

Go further.

Ban JA from reselling rice too.

(Will never happen, but I can dream)

Flood the markets with imported rice at the same time to actually bring down prices and force rice hoarders to sell at a loss

That's pretty interesting.

Can they outlaw scalping in general?

Yet more rules to regulate the already over-regulated population…

> ianJune 14 06:59 pm JST

Flood the markets with imported rice at the same time to actually bring down prices and force rice hoarders to sell at a loss

That was one of the plots of the anime "business man summoned to a new world to work for the demon king" or something along those lines, a season or two ago.

One year sentence?! That’s it?!

It should be longer to send an angry message.

I don't know why people are panic buying when it's been reported that there was a good harvest and that more rice will be coming via government at cheaper price

That's because people are idiots. And selfish.

Yes, these panics are usually illogical, but ironically, it can also be illogical not to participate or you'll find that you're the one without rice.