South Korea: Beef industry is booming, but the shadow of the crisis is also deep

Published 2021년 5월 18일

Tridge summary

A meeting brought together some of the finest Korean cow farmers, recognized as the elite in the industry, to discuss the current state and future direction of the Korean beef industry. The meeting, named 'Woobocheonri 21,' was organized due to concerns about the industry's boom but looming crisis, including declining self-sufficiency, the rise of fake meat, and decreased consumption. Former Deputy Prime Minister Kim Dong-yeon and Chair Professor Min Seung-gyu provided insights during the meeting, emphasizing the importance of innovation, questioning, and social value creation to overcome the challenges and secure the industry's future. The group will meet regularly for a year to discuss strategies and represent a significant effort among top farmers to address the issues and spearhead positive changes in the Korean beef industry.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Livestock Newspaper Reporter Lee Dong-il] One of the top 1% farming households nationwide… Regular meeting plan “The biggest boom in the Korean beef industry, but the shadow of the crisis is big” Sharing the perception Create a new market and lead the Korean beef culture… Commitment to the starting point of the change in the Korean beef industry What is the reason for the elite Korean beef, counted as the 1% of Korea, gathered in one place? On the 11th, at the conference room of the Daejeon Daejeon Headquarters in Daejeon Metropolitan City, the “Korean cattle farmhouse study group 牛步千里(Ubocheonri)21” was held, and this meeting is drawing attention from the industry. The reason is that the members are different. It is that the Korean cattle farmers gathered on this day are the best farmers in the country that are recognized by their own companies. Seung-gyu Min (the former Vice Minister of Agriculture and Food at Hankyong University) who promoted the meeting said, “The current ...

Source: Chuksannews