AreaJapan

Commodity GroupGrains

CommodityWheat

Date23/03/2023

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionIncreased the price at which the government sells imported wheat to domestic flour mills to reflect higher import prices over the past six months. Starting April 1, the farm ministry\'s wheat selling price will increase by an average of 5.8 percent, increasing from JPY 72 530 (USD 542) the previous year to an average JPY 76 750 yen (USD 574) per tonne.