South Korea: Delaware Shine Muscat shipments increased, Geobong declined

Published 2023년 6월 14일

Tridge summary

The Korea Rural Economic Institute's Agricultural Observation Center has reported expected changes in the wholesale prices and shipments of facility grapes, apples, and pears in Korea. While facility grape shipments are expected to increase by 5%, wholesale prices are likely to remain similar to last year or slightly decrease, except for Geobong which may see a price increase due to decreased cultivation area. Apple shipments are predicted to decrease by 5% this month due to early shipments and low temperature damage, leading to higher wholesale prices. Pear shipments are expected to rise by 15% this month and 9% next month, resulting in lower wholesale prices, despite slow growth due to low temperature damage and poor fertilization.

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

Original content

Korea Rural Economic Institute Agricultural Observation Center Although overall shipments of facility grapes will increase, wholesale prices will drop, but only Geobong is expected to rise in wholesale prices as shipments decrease. Apples are expected to see higher prices than last year due to a slight drop in shipments this month, while pears are expected to see a 15% increase in shipments compared to the previous year, resulting in a lower wholesale price than last year. The Agricultural Observation Center of the Korea Rural Economic Institute recently published an observational monthly report containing such information. This month's facility grape shipments are expected to increase by 5% compared to last year. Delaware shipments increased by 14% year-on-year due to shipment delays due to conversion to cropping type, and Shine Muscat is expected to increase by 20% year-on-year due to increased cultivation area in heating facilities. However, geobong is expected to decrease by ...

Source: Aflnews