South Korean pork ‘stable price’ sweeps hearts

Published 2024년 12월 24일

Tridge summary

Despite challenges such as the worst heat wave in history, soaring production costs, policy issues, and disease outbreaks, the livestock industry in Korea managed to maintain stable pork prices in the year of Gapjin. The pork industry faced difficulties due to imported products and economic recession but was supported by steady domestic consumption and consumer interest in domestic products. The industry also combated the second largest number of African swine fever cases since 2019. A response system has been established to address other productivity-decreasing diseases in pig farming.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The livestock industry, which started off with new hopes in the year of Gapjin, is preparing to bid farewell to the year of Gapjin and welcome the new year of Eulsa. Throughout this year, livestock farmers worked hard in the field to ensure stable livestock farming despite difficult conditions such as the worst heat wave in history and soaring production costs. It was also a difficult year in terms of policy and quarantine, with the failure of the Korean Beef Act, the spread of livestock infectious diseases, the dispute over the expansion of the breeding area for laying hens, and the continued quota tariff on chicken. The Korea Agricultural and Fishery Newspaper will look back on the eventful year of Gapjin through ‘2024 Issues by Livestock Type.’ The pork industry was expected to have a difficult year due to the influx of imported products and the continued economic recession. However, thanks to the steady consumption of domestic pork by consumers, the price of pork in 2024 has ...
Source: Agrinet

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