Fast Market Research

Market Report, "Japan Agribusiness Report Q1 2014", Published

New Food research report from Business Monitor International is now available from Fast Market Research


Boston, MA -- (SBWIRE) -- 01/27/2014 -- BMI View: Since announcing the scrapping of the four-decade long 'gentan' subsidy programme for rice farmers, we are increasingly optimistic that the shift from protecting the Japanese agriculture industry at all costs to a more open and competitive one is happening sooner than we had anticipated. In particular for the rice sector, this new policy should lead to more industry consolidation and reap economies of scale in the longer term. While this should invigorate the ailing industry, we still view the hold on the 300 over percent in import tariff as a barrier to a true liberalising of the sector.

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