Japan’s rice payment set 38% lower, complicating Bank of Japan rate outlook
AI Summary- Barclays expects Japan’s rice prices to fall sharply from autumn.
- 38%: Niigata’s 2026-crop Koshihikari payment is set at 18,500 yen per 60 kilograms.
- BOJ Deputy Governor Ryozo Himino did not signal a September hike.