Nurturing Korean beef root farms and stabilizing supply and demand of forage

Nonghyup Livestock Economy Recently, due to continuously increasing production costs, the number of small and medium-sized Korean beef farms is decreasing and the industry is being reorganized to focus on large-scale farms. Accordingly, in order to strengthen the production base of livestock farms, Nonghyup Economic Holdings Livestock Economy has been working on the ‘Korean Beef Root Farmers Development Project (hereinafter referred to as Root Farmers Project)’, expansion of the forage production base, and stabilization of supply and demand since last year. We looked into the project to strengthen the production base of livestock farms that Nonghyup Livestock Economy is currently pursuing. # ‘Korean beef root farm development project’ to strengthen the competitiveness of small and medium-sized farms According to the Livestock Economy, the occupancy rate for farms raising less than 50 Korean cattle continues to decline from 91.8% in 2011 to 85% in 2015, 78.4% in 2020, and 73.8% ...