noun
rice exchange
Historical term for a commodity exchange where rice was traded, especially in pre-war Japan.
戦前、米穀取引所は米の価格形成に大きな役割を果たした。
Before the war, rice exchanges played a major role in determining rice prices.
A general commodity exchange; 米穀取引所 is a specific type dealing in rice.
Compound of 米穀 (rice, grain) and 取引所 (exchange, trading floor).