South Korea: Crayfish farming in Sinan-gun achieves the best production of 60 billion won

Published 2020년 11월 26일

Tridge summary

Shinan-gun, the largest producer of farmed shrimp in South Korea, has produced 4,200 tons of shrimp, worth 60 billion won, for the first time in its history. Despite concerns about farming conditions and sporadic deaths, most farms saw more than average crops. The high demand for Shinan-cultured shrimp in the domestic market, due to a decrease in imports, has resulted in higher prices and production output than the previous year. Shinan-gun plans to promote policies to foster the shrimp farming industry, such as fostering experts and joint purchasing of feed and equipment.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Shinan = Yonhap News) Reporter Cho Geun-young = Shinan-gun, the largest producer of farmed shrimp, announced on the 26th that it achieved a production of 60 billion won (4,200 tons) for the first time in the history of crayfish farming (starting in the 1980s). Due to the low water temperature and supply and demand of shrimp seedlings this year, there were also concerns about the farming conditions due to a somewhat delayed stocking compared to the stocking period of the previous year (mid-April to early May) and sporadic deaths in the early stocking period. However, with the exception of some farms, most farms showed more than average crops. In particular, due to the shortage of supply and demand in the domestic market due to a decrease in imports of mass mortality and frozen shrimp in other regions, most distributors depend on Shinan-cultured shrimp, resulting in higher shrimp prices and higher production output than the previous year, Gun explained. Shrimp farming in Sinan-gun ...
Source: Yna

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