Abnormal climate… Jeju soybean farms suffer severe damage

Published 2025년 1월 17일

Tridge summary

Abnormal weather conditions have led to a significant decrease in the product ratio and purchase volume of Jeju soybeans, causing substantial economic damage to farmers. This is due to mold and germination damage caused by frequent rain during the harvest season. The Jeju Soybean Association is proposing measures to mitigate these losses, including partial support for farmers' selection and distribution costs, support for agricultural cooperative purchase funds, and expanding the criteria for crop disaster insurance. They will also be making suggestions to the central association and local governments for increased government purchase reserves of legumes and clearer compensation criteria for crop disaster insurance.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Product ratio decreased by 36.5% year-on-year Purchase volume also decreased by 1,600 tons Partial support for selection and distribution costs Call for measures to protect farmers Last year, due to the abnormal weather, the product ratio of Jeju soybeans fell significantly, and farm income is expected to decrease. According to the Jeju headquarters of the National Agricultural Cooperative Federation and the Jeju Soybean Association, the product ratio of soybeans purchased by local agricultural cooperatives decreased by 36.5% year-on-year. Actually, the purchase volume of soybeans by Jeju local agricultural cooperatives was approximately 4,000 tons, a decrease of approximately 1,600 tons compared to 5,600 tons the previous year. The decrease in the product ratio of Jeju soybeans is understood to be due to the spread of mold and germination damage caused by frequent rain during the soybean harvest season last year. It is expected that the economic damage to soybean farmers will be ...
Source: Agrinet

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