The Surface and Depths of the Rice Problem (Crossroads)

This contribution argues that Agriculture Minister Shinjiro Koizumi's response to the rice problem should focus on fundamental issues rather than superficial measures.

Key Points

1. Minister Koizumi's Proposals and Issues

  • Rapid-fire proposals including abolishing the crop condition index
  • Responding to producers' claims that production statistics are too high compared to reality
  • However, survey methods have continued for many years, not just a current issue
  • Concern about focusing only on superficial measures

2. Misunderstandings and Reality About Distributors

  • Rebuttal to claims that wholesalers made 5 times profit compared to previous year
  • Simply selling rice bought cheaply at higher prices due to price increases since last summer
  • Wholesalers' profit margins are actually low compared to other industries
  • Performing important functions including collection, distribution, and rice milling

3. Structural Difficulties of Wholesalers

  • Position squeezed between huge agricultural cooperative organizations and major supermarkets
  • Fulfilling mission of smoothing rice distribution with low profitability
  • Rice market size halved due to production adjustment, many small wholesalers went out of business
  • Argument that wholesalers are the biggest victims of agricultural policy

4. Essential Problem of Lack of Market Functions

  • No wholesale market-like venue exists for rice
  • Physical fair price formation center closed in 2011
  • World's first futures market was Osaka Dojima rice market, but full futures market not approved
  • Producers deprived of risk hedging functions against price fluctuations

5. Production Adjustment Policy Issues and Solutions

  • 400,000 ton shortage wouldn't be an issue if producing 10 million tons without production adjustment
  • Sufficient production capacity to meet domestic demand of 6.5 million tons
  • Attention diverted from essential problems of market absence and production adjustment
  • Suggests need for fundamental agricultural policy reform

The article concludes that solving rice problems requires not superficial measures but fundamental reforms including restoring market functions and reviewing production adjustment policies.

※ This summary was automatically generated by AI. Please refer to the original article for accuracy.