Support for growing soybeans instead of rice: Japanese rice fields are changing

Published 2023년 4월 26일

Tridge summary

The Ministry of Agriculture, Food and Rural Affairs in South Korea is planning to increase the budget for the agricultural direct payment system to 5 trillion won by 2027. This move is aimed at boosting the income of farm households and positioning agriculture as a sustainable and eco-friendly industry. The ministry will review the system, looking at models from Japan, the United States, and the European Union. These countries have implemented direct payment systems to support farm stability amidst changing market conditions. The system will support farmers who grow strategic crops, such as wheat, soybeans, and powdered rice, which are highly dependent on imports. The budget for these direct payments will be increased, and farmers who convert rice fields to grow high-yielding crops will also be supported.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Domestic powdered rice cultivation complex. Provided by the Ministry of Agriculture, Food and Rural Affairs The Ministry of Agriculture, Food and Rural Affairs recently announced the ‘plan to expand and reorganize the direct payment system for agriculture’. The budget related to the agricultural direct payment system, one of the major national tasks, will be expanded to 5 trillion won by 2027. It is to improve farm household income and prepare agriculture as an eco-friendly and sustainable future industry. The current status of the agricultural direct payment system and the way forward will be reviewed three times through overseas cases that are implementing the agricultural direct payment system. Recently, the environment surrounding agriculture is changing rapidly. Rising raw material prices and unstable supply and demand are factors that threaten the stability of farming households. In Japan, the United States, and the European Union (EU), direct payment systems are being ...
Source: Donga

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