[Editorial] Misunderstandings about the rice market isolation

Published 2025년 11월 6일

Tridge summary

[Agricultural, Fisheries, and Livestock Newspaper=Agricultural, Fisheries, and Livestock Newspaper] The stability of rice prices, a recurring debate every year, requires a reexamination of the method for estimating surplus quantities. The benefits of price increases do not go to farmers but to distributors. Even if the government-controlled quantity is increased, the effect on stabilizing rice prices is minimal. The season of harvest has arrived without fail. Although it is a reality that there is concern even in a year of plenty, we send our gratitude to all the farmers and fishermen who have worked hard throughout the year as we meet the season of fruition. The price of rice in the producing areas has turned downward after 11 months. The price of rice in the producing areas from October to December, the harvest season, is important because it determines the purchase price of public reserve rice. Every year in early October, the Korea Data Agency (formerly the Statistics Korea) estimates the expected rice production.

Original content

Professor Se-seok Seo of Incheon University Rice price stability, repeating the same controversy every year The method of estimating excess supply needs to be reviewed The benefit of price increases goes to distributors, not farmers Increasing the isolated quantity has little effect on stabilizing rice prices The season of harvest has arrived without fail. Although it is a reality that there is concern even in a year of plenty, I send my gratitude to the many farmers and fishermen who have worked hard throughout the year with anxiety. The price of rice at the origin has turned to a downward trend after 11 months. The price of rice at the origin from October to December, the harvest season, is important because it determines the purchase price of public reserve rice. Every year in early October, the Korea Data Agency (formerly the Statistics Bureau) announces the expected rice production, and this year, due to the implementation of the rice acreage adjustment system, the acreage ...
Source: Aflnews

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