[Issue+] Rising calf prices, future outlook

Rising demand for Hanwoo calves leads to increase in farm prices... Breeding intentions seem to be rising. The total number of Hanwoo cattle... Wholesale prices rise due to a decrease in semen sales. To stabilize farm management, Abstain from extended breeding methods Planned slaughter of castrated bulls. The average price of 6-7 month old female Hanwoo calves last month was 2,928,000 won, which is about a 13% increase compared to 254,400 won at the beginning of this year. In some regions, bids of 3 million won are common, and male calf prices are also on the rise. In the Hanwoo industry, this trend in calf prices is seen as a reflection of rising breeding intentions among Hanwoo farmers, in addition to price increases due to a decrease in the number of calves. # Calf prices are rising According to the Hanwoo price trend by the Livestock Product Quality Evaluation Institute, the average price of 6-7 month old female calves last November was 298,000 won, which is about a 21% ...