South Korea: Shipments of autumn cabbage will increase from mid-October, and the supply of cabbage from farms will be much better

Cabbage shipments decreased by about 9%, but Supply and demand situation is expected to gradually stabilize Wholesale price of 10kg around 15,000 won Expected to drop significantly compared to September Low possibility of ‘Kimjang crisis’ becoming a reality Consumers stimulated by ‘high price report’ Concerns about impact on cabbage price for kimjang As the damage to the highland cabbage (summer cabbage) crop was greater than expected due to the prolonged heat wave this summer, supply and demand instability is growing ahead of the fall cabbage harvest, and it is expected that the supply and demand situation will gradually stabilize after mid-October when the fall cabbage shipment area expands. The Korea Rural Economic Institute recently published this content in the ‘Agricultural Observation October issue’. According to the data, due to climate effects such as high temperatures, drought, and heavy rain, the production of summer cabbage has decreased, and the early harvest of ...