South Korea's Ministry of Agriculture, Food and Rural Affairs has allocated 120 million won to cover vegetable shipment costs.

Published 2025년 12월 31일

Tridge summary

[Agricultural and Fisheries Products Newspaper=Reporter Kim Jin-oh] Last, on the 29th, the Korea Fruit and Vegetable Trade Corporation announced that it will implement an export cost compensation program for 9 domestic vegetable items, including onions and green onions, starting from the first auction in 2026. The targeted items are onions, green onions, potatoes, zucchini, perilla leaves, scallions, chicory, mugwort, and tatsoi, which have a high handling proportion in Korea Fruit and Vegetable Trade Corporation or repeatedly experience supply and demand instability. The Korea Fruit and Vegetable Trade Corporation has secured a total budget of 120 million won for this project. The support method is to compensate for the difference if the relevant items are traded below the standard price. Farmers who have concluded an export agreement can receive support without a separate application procedure.

Original content

Korea Fruit and Vegetable Trade Corporation to offer difference support for onions, green onions, etc. without application process On the 29th, Korea Fruit and Vegetable Trade Corporation announced that it will implement an export cost compensation project for nine domestic vegetable items, including onions and green onions, starting from the first auction in 2026. The target items are nine items with a high handling ratio at Korea Fruit and Vegetable Trade Corporation or with repeated supply and demand instability: onions, green onions, potatoes, zucchini, perilla leaves, scallions, chicory, mugwort, and tatsoi. Korea Fruit and Vegetable Trade Corporation has secured a total budget of 120 million won for this project. The support method is to compensate for the difference when the item is traded below the base price. Farmers who have concluded an export agreement can receive support without a separate application process, and the compensation money will be settled in the same way ...
Source: Aflnews

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