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The surge in Japanese rice prices, often called the "Reiwa Rice Riots" (Reiwa no Kome Sōdō), began in mid-2024 and continued into 2025–2026. It caused retail prices for a 5kg bag of rice to roughly double from around ¥2,000–¥2,500 in early 2023 to over ¥4,000–¥4,400 by late 2025 and early 2026. Prices remain near record highs (around ¥4,300–¥4,400 per 5kg in late 2025), despite improved harvests and more supply. Shortages on shelves have largely eased, but high prices persist due to cautious buying by distributors and lingering market caution. Some experts predict potential oversupply and price drops in 2026 if production matches demand, though others warn of continued volatility from climate risks and aging farmers. This crisis has been politically damaging, contributing to consumer frustration over living costs and even influencing elections. It highlights vulnerabilities in Japan's rice policy, which prioritizes protecting domestic farmers through production controls and high import tariffs.
