Agricultural income in 2024 increases by 10.4% ··· "Impact of rising prices due to abnormal climate"

Published 2025년 10월 13일

Tridge summary

[Reporter Hong Lan, Korean Farmers and Fishermen Newspaper] It was reported that agricultural income in 2024 increased compared to the previous year. Despite a decrease in production due to abnormal weather, the improvement in farmers' income is attributed to rising market prices. The Rural Development Administration announced the income survey results for 51 major agricultural products in 2024 on September 30. This survey was conducted on sample farms designed based on data from the 2020 Comprehensive Agricultural, Forestry, and Fisheries Survey. According to the survey results, the average income per 10 ares of total agricultural products increased by 10.4% compared to the previous year. Although the quantity decreased by 1.4%, the total income increased by 6.8% due to an 8.4% rise in the price received by farmers, and large agricultural organizations and facilities.

Original content

It was reported that agricultural income in 2024 increased compared to the previous year. Despite a decrease in production due to abnormal weather, the improvement in farmers' income is attributed to rising market prices. The Rural Development Administration announced the results of the income survey on 51 major agricultural products for the 2024 crop on September 30. This survey was conducted on sample farms designed based on data from the 2020 Comprehensive Survey of Agriculture, Forestry, and Fisheries. According to the survey results, the average income per 10 ares of all agricultural products increased by 10.4% compared to the previous year. Although the quantity decreased by 1.4%, the total income increased by 6.8% due to an 8.4% rise in the price received by farmers, while management costs such as large-scale agricultural machinery and facility repair and maintenance (32.4%), entrusted farming costs (15.2%), and pesticide costs (12.7%) increased by 3.7%. The increase in ...
Source: Agrinet

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