Additional application for ‘Summer strategic crop direct payment’ accepted

Published 2024년 7월 16일

Tridge summary

The Ministry of Agriculture, Food and Rural Affairs is reopening applications for the 2024 summer strategic crop direct payment program from October 16th to 31st, after an initial application period from March to May. This initiative aims to enhance food self-sufficiency and stabilize rice supply by providing direct payments to farmers cultivating strategic crops such as soybeans, powdered rice, corn, and forage. Payment amounts range from 1 million to 4.3 million won per hectare, with additional incentives for double cropping. Farmers can apply at local offices, and inspections will be conducted from August to October, with payments issued by the end of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The government is accepting additional applications for summer strategic crop direct payments for pulses, powdered rice, corn, and forage. The Ministry of Agriculture, Food and Rural Affairs announced that it will be accepting additional applications for the 2024 summer strategic crop direct payment from the 16th to the 31st. Initially, the application period for the 2024 strategic crop direct payment was operated from March to May and an area of about 147,000 ha was received, but it is explained that an additional application period is being operated due to continued requests from farmers who wish to participate. The strategic crop direct payment is a system that provides direct payments of 1 million to 4.3 million won per hectare to farmers who grow strategic crops such as soybeans and powdered rice to improve food self-sufficiency, stabilize rice supply and demand, and improve paddy utilization. The support unit price is 50 won/㎡ for food crops and forage in winter, 200 won/㎡ ...
Source: Agrinet

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