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flag Japan auctions emergency rice reserves to combat soaring prices and potential shortages.

flag Japan is auctioning its emergency rice reserves to tackle soaring rice prices, which have nearly doubled over the past year due to poor harvests from hot weather and panic-buying after a "megaquake" warning. flag The government plans to auction 150,000 tons of rice, with the potential to release another 60,000 tons if needed. flag This marks the first time since 1995 that the country has used its reserves to address supply chain issues.

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