Wheat prices in Japan, which imports 60 percent of its food, are poised to increase for the third time in a year, adding to inflation as Prime Minister Shinzo Abe's economic stimulus weakens the yen and boosts costs.
Foreign wheat sold by the government to flour millers including
Nisshin Seifun Group Inc. (2002) will probably rise about 5 percent in October from 54,990 yen ($553) a metric ton on average, according to the U.S. Wheat Associates. The Ministry of Agriculture, Forestry and Fisheries will decide on prices this month, based on purchasing costs in the six months through August, said grain-trade director Sunao Orihara.
The increase will add to expenses for producers from noodle maker
Nissin Foods Holdings Co. (2897) to
Yamazaki Baking Co. (2212), which raised bread prices as much as 6 percent last month. Higher food costs are helping Abe's campaign to achieve a goal of 2 percent inflation for sustained growth. Consumer prices gained the most since 2008 in June, signaling the world's third-biggest economy may be starting to shake off 15 years of deflation. Wheat costs rose 10 percent in April and 3 percent in October.
"We expect another increase in yen-based wheat prices, despite a retreat in the international market, as Japan's currency remains weak against the dollar," Charlie Utsunomiya, director at the Tokyo office of U.S. Wheat Associates, said in an interview, based on sales through July.
Comment: 'Cold-blooded' revenge is not something typically associated with 'a lifetime of rejection'. Reading between the propaganda lines here, it seems fairly clear that Bradley was a really sweet guy, despite growing up in an abusive narcissistic family dynamic and in two heavily ponerized countries.
If Bradley Manning is symbolic of the small frail conscience remaining in America, what has torturing and indefinitely detaining him done to the country's soul?
Bradley Manning - Theft or War Crimes?