South Korea: Unfinished 2020 food industry issue, affected by Corona 19

Published 2020년 12월 28일

Tridge summary

The article highlights the significant challenges faced by farmers and the agricultural sector in South Korea due to the COVID-19 pandemic in 2020. The pandemic led to the suspension of food services, cancellation of festivals, and a decline in the production of major crops, which allowed imported products to dominate the market. Despite these challenges, there were positive developments, such as the introduction of new varieties of garlic and other agricultural products. The shift from offline to online retail, particularly in food products, also increased by 50.7% year-on-year. However, this shift has raised concerns about unfair trade. The article also mentions the modernization of local wholesale markets and ongoing issues such as dishonest practices in auctions and the trading of imported agricultural products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Korea Rural Newspaper Reporter Kim Gyeong-wook] Suspension of food service and cancellation of festivals and events. Farmers' pain due to stagnation in the food service industry. FTA and wholesale market trading system debate New varieties such as red garlic are positive in 2020, when it will be strongly imprinted with Corona 19 from the beginning of the year to the end of the year. In this year's'from the origin to the table' series of agricultural products distribution process, it was inevitably affected by Corona 19, which hit the world. School meals were halted and local festivals and other events were reduced or canceled, creating a huge wall in consumption. On the one hand, as well as this, he had to struggle with the worst crop deterioration in the production process. In the production areas, items with a sharp decline in production occurred one after another, and even when it went to processing, domestic food companies had a great deal of difficulty in supplying raw ...
Source: Kawa

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