Government to Purchase and Store 30,000 Tons of Onions

Published May 27, 2025

Tridge summary

[Korea Farmers' and Fishermen's Newspaper, Reporter Jeong-su Woo] As onion farmers demand government-led disposal or purchase and stockpiling to stabilize prices, the government has proposed a priority purchase and stockpiling plan for 30,000 tons of onions. In addition, the government plans to delay the release of 3,000 tons of mid-season onions for a certain period to prevent flood sales. On the 26th, the Ministry of Agriculture, Food and Rural Affairs announced that it will continuously monitor supply and demand trends and proactively implement supply stabilization measures in response to the increased yield and production of early and mid-to-late season onions. The ministry noted that early-season onions, whose local sales were delayed due to rainfall and low temperatures, have increased in production by 9.2% compared to last year.

Original content

Onion Production Surges Compared to Previous Year Market Supply Increases, Prices Weaken Government to Prioritize Purchasing and Stockpiling Agricultural Cooperative to Delay Shipment of 3,000 Tons Producers to 'Isolate' 4,000 Tons of Low-Quality Produce As onion farmers demand government intervention through land disposal or purchasing to stabilize prices, the government has proposed a plan to prioritize purchasing and stockpiling 30,000 tons of onions. Additionally, the government plans to delay the shipment of 3,000 tons of mid-season onions to prevent flood supply. The Ministry of Agriculture, Food and Rural Affairs announced on the 26th that it will continuously monitor supply and demand trends and proactively implement stabilization measures in response to increased yields and production of early and mid-to-late season onions. The ministry predicts that early onion production has increased by 9.2% compared to last year due to late harvests caused by rainfall and low ...

Source: Agrinet