Gyeonggi Province Increases Budget to Support ‘Korean Beef, Dairy, and Beef Cattle’

Published Jan 23, 2025

Tridge summary

Gyeonggi Province in South Korea has increased its budget for the 'Gyeonggi Hanwoo Premiumization Project' from 4.2 billion won to 8.2 billion won to boost the competitiveness of Hanwoo, dairy, and beef farms. The project aims to improve livestock, management, and facilities, including support for embryo transfer and genetic analysis, immune boosters, helpers for Korean cattle farms, and essential facilities for farms. Additionally, the province will provide free school milk meals to 84,000 students to improve health and promote white milk consumption. The budget will also be used to address labor shortages in rural areas and strengthen the domestic dairy industry ahead of the 2026 FTA dairy product tariff-free market opening.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

‘Hanwoo Premiumization Project’ budget increased from 4.2 billion to 8.2 billion 22 billion invested to foster dairy and beef industries 84,000 school milk meals provided Gyeonggi Province has significantly increased its support budget this year to improve the competitiveness of Hanwoo, dairy, and beef farms and stabilize management. First, the ‘Gyeonggi Hanwoo Premiumization Project’ has increased by about 2 times from 4.2 billion won last year to 8.2 billion won. ‘Gyeonggi Hanwoo Premiumization’, Gyeonggi Province’s representative Hanwoo project that has been implemented since 2001 and is now in its 23rd year, is promoting a total of 25 detailed projects in three major areas: livestock improvement, management improvement, and facility improvement. In the livestock improvement field, a base for excellent individuals is established through Hanwoo registration, linear examination, and inspection, and a total of 8 projects are supported, including improvement promotion projects ...

Source: Agrinet