Vice Minister of Agriculture, Food and Rural Affairs Kim In-jung asks for public-private cooperation to stabilize domestic wheat prices in South Korea

The Ministry of Agriculture, Food and Rural Affairs continues to monitor the domestic wheat and flour supply and demand situation, and is seeking ways to minimize the domestic impact of rising international prices. Vice Minister of Agriculture, Food and Rural Affairs Kim In-joong visited the flour mill at Sajo Dongawon in Dangjin, Chungcheongnam-do on the 22nd (photo). This is to listen to industry opinions on how to minimize the impact on Korea in a situation where international wheat prices are rising due to the Ukraine crisis and export restrictions in major countries. Vice Minister Kim said, “In order to minimize the domestic impact of the recent rise in international grain prices, the government has prepared and implemented comprehensive support measures such as fiscal, taxation, and finance. Please make an effort to ensure a stable supply of raw materials.” Vice Minister Kim continued, “Since flour is an important item for the lives of ordinary people and the ...