South Korea: Jeonnam-do, the nation’s largest direct payment for strategic crop, KRW 43.3 billion in support

Published 2023년 6월 13일

Tridge summary

Jeonnam Province has made the largest application for direct payment for strategic crops in South Korea, covering 42% of the country's total application area. The province applied for 55,133 hectares, primarily for winter fodder crops. Young farmers in the province show a high level of interest in this initiative, accounting for 14% of the applicants, three times the number of young farmers in other provinces. The provincial government is focusing on fostering 10,000 smart young farmers by 2030 and has established a supportive system for youth entrepreneurship, settlement, culture, and welfare. The total support for this initiative in Jeonnam is 43.3 billion won.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Korea Agricultural Newspaper = Reporter Kim Heung-joong) It was found that Jeonnam Province (Governor Kim Young-rok) applied for direct payment for strategic crops, which was implemented for the first time this year, the largest in the country. As of the 10th of last month, 132,240 hectares of land were applied for nationwide, and 55,133 hectares were applied for in Jeonnam by city and province, accounting for 42% of the country. It was followed by 25,157 ha in Jeonbuk, 11,802 ha in Gyeongnam, 9185 ha in Gyeongbuk, and 5,208 ha in Chungnam. By crop, winter crops were 49,052 hectares, of which fodder crops accounted for 35,645 hectares, barley and oats 10,656 hectares, and wheat 2751 hectares. Summer crops totaled 6083 hectares, including 2402 hectares of soybeans and 2909 hectares of feed grains. In particular, the application for young farmers attracted attention. As a result of analyzing the application status by age, young farmers in their 40s or younger accounted for 14%, 3.7 ...

Source: Newsfarm