The Ministry of Agriculture, Food, and Rural Affairs in South Korea stabilizes the supply and demand of facilities vegetables and chicken, which are in short supply due to torrential rains

Published 2023년 7월 24일

Tridge summary

The government will implement measures to stabilize the supply and demand of agricultural and livestock products that have been affected by heavy rain, such as lettuce and broilers. The Ministry of Agriculture will support affected farms by providing incentives for reforestation and transportation costs. Discounts will also be offered on select items whose prices have increased, with weekly updates on the Agricultural Food Information Nuri platform.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The government announced on the 9th that it would push for supply and demand stabilization measures for agricultural and livestock products that are concerned about price rises, such as farmed vegetables and broilers, which are severely damaged by the continued rain. According to the Ministry of Agriculture, Food and Rural Affairs, from the 9th to the 19th, heavy rains caused relatively large damage to facility vegetables such as lettuce and broilers. The supply and demand of other agricultural and livestock products, such as cabbage and radish, are generally stable, but there are concerns about a decrease in production if the heatwave continues. Accordingly, the Ministry of Agriculture, Food and Rural Affairs supports early reforestation for affected farms in the case of lettuce whose price has risen due to a decrease in shipments. Farmhouses that re-sow by August 20 can receive support for planting. For facility vegetable farms in unaffected areas, shipment incentives such as ...
Source: Nongmin

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