Temporary difference in purchase of saury for bait in Jeju Island, South Korea

Jeju Island announced that it will temporarily support the maintenance of the difference in bait saury to support the stable fishing of coastal fishing boats in the province. This is the first time that saury support for bait has been supported since last year, as consumer sentiment for aquatic products has contracted due to the prolonged Corona 19 crisis, and the production price of saury, which is mainly used as cutlass bait, has dropped sharply. Jeju Island has decided to provide support for the difference in increase from the purchase of saury in September to the time the budget is exhausted by month for fishermen who purchase saury for haircutting in the province with an emergency budget of 1 billion won. The amount of support is 12,270 won, the difference between the current unit price of saury sold at 45,200 won per box and the average annual price of saury for the past three years is 32,930 won. The monthly support limit per fishing vessel is 8 boxes for offshore fishing ...