Gangwon-do invests 56.1 billion won in the livestock sector, including quality enhancement of the South Korean beef

Published 2023년 1월 31일

Tridge summary

Gangwon-do province in South Korea has announced an investment of 56.1 billion won in the livestock sector for the year. This is part of 46 policies aimed at stabilizing farm management due to increased feed costs and decreased livestock product prices. The investment includes 6.3 billion won for Korean beef supply and demand regulation, 13.7 billion won for roughage foundation expansion, and 14.2 billion won for livestock manure treatment and odor management. Other investments include companion animal feed production foundation, livestock accident insurance support, horseback riding popularization, bee protection, and revitalization of livestock product consumption.

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Original content

(Chuncheon = Yonhap News) Reporter Lee Hae-yong = Gangwon-do announced on the 31st that it would invest 56.1 billion won in the livestock sector this year. The provincial government plans to promote 46 policies this year to stabilize farm management in response to the increase in feed costs and the decrease in livestock product prices. The province plans to invest 6.3 billion won in regulating the supply and demand of Korean beef, upgrading its quality, and establishing a livestock improvement system to respond to the decline in the price of production. In addition, it decided to invest 13.7 billion won in stably expanding the foundation for self-sufficiency of roughage. In addition, KRW 14.2 billion will be supported for the efficient treatment of livestock manure and livestock odor management, and KRW 4.6 billion will be invested in the establishment of a foundation for producing companion animal feed. In addition, KRW 8.2 billion will be provided for livestock accident ...

Source: Yna