> Japanese rice retailers react to emergency release of rice reserves as prices soar / 36XT33H
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Japanese rice retailers react to emergency release of rice reserves as prices soar / 36XT33H
Clip ID 2269702
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Description
The Japanese government says it will release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a "megaquake" warning nearly doubled prices over a year.
Japan has previously tapped into its reserves to cope with disasters, but this marked the first time since the stockpile was built in 1995 that it was doing so because of supply chain problems. IMAGES AND SOUNDBITES