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Last Updated : 17 March 2011 at 12:15 IST
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Japan battles to avoid food crisis

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TOKYO (Commodity Online) : Yet another crisis looms over Japan as country’s agriculture ministry issued a warning of an expected tightening of the food supply-demand balance in the country.

The ministry said the country, badly hit by the devastating quake and tsunami may be significantly affected due to its low food self-sufficiency.

The ministry added that If food imports become impossible, households will be unable to secure sufficient food, the report says, noting Japan's food self-sufficiency rate has fallen below 40 percent on a calorie basis.

I world grain stockpiles have now declined to levels seen in the early 1970s, a period when the idea of a food crisis became a pressing world issue, it said.

Meanwhile, fuel shortages and disruptions to transportation networks have meant supplies sent by food companies have failed to be delivered to shelters in prefectures struck by last week's massive earthquake and tsunami.

According to the Agriculture, Forestry and Fisheries Ministry, a total of 1.24 million meals and 700,000 beverage bottles had been sent to five prefectures including Iwate, Miyagi and Fukushima.

Gas shortages have also has made it difficult for trucks to get supplies to shelters. Lines of cars waiting to enter gas stations block roads, which hampers trucks carrying supplies.

According to the Japan’s defense Ministry, canned food, water and snacks stockpiled by the SDF and U.S. military are currently being transported to devastated areas. These supplies are unloaded at airports or seaports and then loaded onto trucks or helicopters to be sent to shelters.

NCDEX CHANAJUN12 20 June 2012 contract was trading at Rs 0 . What's your view on it?
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