Is rice really expensive in South Korea?

“I will make a decision after observing the rice price trend.” In mid-March, as the price of farmed rice fell below an average of 50,000 won per 20 kg (200,000 won per 80 kg), voices calling for the government to purchase more are high. There is a lot of public opinion that the rice market will be stabilized only when the initial planned quantity (270,000 tons) and an additional 100,000 tons are quarantined. However, the regular response from the government whenever this happens is that it will establish an additional quarantine plan after monitoring the supply and demand situation. Behind this answer, criticism is that there is a false perception that the price of rice is not low. Is rice really expensive? According to aT (Korea Agro-Fisheries & Food Trade Corporation), the average retail price of rice as of the 1st was 53,211 won per bag of 20 kg. The lowest price was 49,800 won and the highest was 61,000 won. The average price is 11.8% lower than a year ago (6331 ...