Exports of winter radishes from Jeju to the U.S.

Published Feb 6, 2024

Tridge summary

Daea Fruit and Vegetables, a South Korean company, is set to export 211 tons of winter radishes from the Jeju region to Los Angeles, USA, over a two-month period. This move is expected to help control domestic supply and demand, expand sales channels, and alleviate concerns of Jeju radish farmers. The transaction is also significant as it will reduce distribution costs and increase the price received by the producer.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, wintering radishes produced in the Jeju region will be traded through the online wholesale market and exported to the Los Angeles (LA) area in the United States. Daea Fruit and Vegetables announced that it will sell a total of 211 tons of winter radishes produced in Jeju from last month to next month to exporters through the online wholesale market. The quantity sold this time is scheduled to be exported to the United States. This year, wholesale prices for winter radishes in the Jeju region continued to be weaker than usual due to sluggish consumption, and heavy snow and low temperatures caused damage from cold damage. Accordingly, 182ha of autonomous production areas were discarded in the Jeju region. In this situation, it is expected that the deal for export volume to the U.S. will be concluded, which will not only have a positive impact on domestic supply and demand control but also have the effect of expanding sales channels, alleviating the worries of radish ...
Source: Aflnews

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