Chairman Hong-joon Ju: No major damage in South Korea related to corona by controlling the amount of trout fry stocking

Published 2021년 2월 4일

Tridge summary

Approximately 90% of trout farmed in Korea is sold or distributed directly through self-owned restaurants, facilitated by mutual information exchange between farmers. This has allowed the trout farming industry to effectively manage supply and demand, minimizing damage and maintaining stability during the decline in aquaculture product consumption due to the Corona 19 pandemic. Despite this, there is regret for the slow expansion of the industry. The Korean Trout Farming Association is exploring ways to increase utilization rate and income of aquaculture farmers by expanding the market for processing. There is interest in potential cooperation between trout farms and large corporations planning to cultivate salmon in Korea.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Korea Rural Newspaper Reporter Jin-woo Lee] 90% of self-employed restaurants sales and direct distribution of fish farmers' mutual information exchange is smooth. Thanks to good supply and demand management, such as production and shipment, the operation rate of a farm that is only 70% is regrettable. Since about 90% of trout is sold or distributed directly through self-owned restaurants, the advantage of trout farming is that if the amount of fry stocking is properly adjusted in consideration of consumption conditions, it does not cause much damage. On the other hand, as the industry stabilizes, it is true that external expansion has been slow.” When asked whether there was any damage to the trout sector amid the decline in overall consumption of aquaculture products due to Corona 19, Joo Hong-jun, president of the Korean Trout Farming Association, answered in this way. Domestic trout production is around 3000~3500 tons per year. Chairman Joo said that most of the farmed fish ...
Source: Agrinet

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