50 target items expanded in Cheongyang County, South Korea's agricultural products standard price guarantee application

Published 2021년 2월 16일

Tridge summary

Cheongyang-gun in Chungcheongnam-do, South Korea, has launched a standard agricultural product price guarantee system for farmers participating in the Comprehensive Food Plan. This system ensures a steady income for farmers supplying directly to school meals, public meals, and local food stores by compensating the difference if the market price drops below the set standard price for at least seven days. The system also promotes eco-friendly agriculture conversion. Last year, the military donated 35.8 million won to 178 farms, and this year, the system will cover 50 types of products, including Cheongyang pepper and Macmundong bean sprouts. The system was recognized with the Korean Policy Award for its promotion of sustainable agriculture, healthy military, and regional economic vitality.

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Original content

[Cheongyang = Newspim] Reporter Song Ho-jin = Cheongyang-gun, Chungcheongnam-do, has implemented a standard agricultural product price guarantee system for farmers who participated in the Comprehensive Food Plan (Food Plan). Farmers who are currently shipping or wishing to ship agricultural products to the food plan can apply, and they must submit an application and a shipping plan to the eup/myeon office in their address. As a publicly-selected 7th pledge project, the standard agricultural product price guarantee system, implemented for the first time in the country last year, is a system that guarantees an appropriate income for farms shipped directly to school meals, public meals, and local food stores (currently 570 farms). When the market price falls below the standard price for 7 consecutive days or more, the difference is compensated, and 100% of the difference is provided for eco-friendly agricultural products, and 80% of the difference is provided for general agricultural ...

Source: Newspim