Grape Association, preemptive response to supply and demand with the government and local governments of South Korea

Published Jun 17, 2024

Tridge summary

The Korea Grape Association is taking steps to ensure a stable grape supply and manage demand this year. With expectations for a better grape crop this year following last year's damage, the association is collaborating with the government and local governments to address price volatility. This includes initiatives such as consumption promotion, supply and demand control, price stability, and export activation. The association will also swiftly operate the main production area council this year to address the challenges faced by fruit trees due to the abnormal climate. The government is also supporting the orchard industry to make it more competitive and improve policy efficiency.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Korea Grape Association (Chairman Park Gyeong-hwan, Gyeongbuk Seosangju Agricultural Cooperative President) is attracting attention as it is preparing preemptive response measures to establish a stable grape supply and demand management plan this year. The association explained that, as a result of recent agricultural observations by the Korea Rural Economic Institute, this year's grape crop is expected to be better than last year, when both rain-covered and open-field grapes suffered severe damage from low temperatures. The association emphasized that it has launched a cooperative system with the government and local governments to manage grape price volatility. Through this, projects such as consumption promotion, supply and demand control, price stability, and export activation will be promoted in earnest. Chairman Park Kyung-hwan said, “As difficulties have increased due to the unstable supply and demand situation of agricultural products, the government is actively ...
Source: Nongmin
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