Hanwoo Mutual Aid Fund, next year's budget proposal of 27.6 billion won passed

The Hanwoo Mutual Aid Fund Committee held a general meeting at the KT Talent Development Institute in Daejeon on the 25th and passed a budget proposal for the 2026 Hanwoo Mutual Aid Fund, which amounts to 27.6 billion won, and entered the process of receiving final approval from the Ministry of Agriculture, Forestry and Fisheries. The 2026 budget proposal decreased by approximately 8.394 billion won compared to the 2025 budget proposal. This is due to the expected decrease in the number of cattle slaughtered as a result of the reduction in the number of cattle raised, the reduction in the amount of money paid out to farmers to approximately 17.3 billion won, a decrease of approximately 1.321 billion won compared to 2025, and a decrease in the amount of carried-over funds by approximately 7.072 billion won compared to 2025. It was decided to reduce the following: △Hanwoo raw material meat price difference support business = 1.7 billion won △Online Hanwoo marketplace = 338 million ...