If South Korean beef is used instead of imported beef, the difference will be compensated

Published 2022년 12월 7일

Tridge summary

Korean cattle farmers are taking measures to stabilize the price of Hanwoo beef by promoting the consumption of low-grade beef through a project called 'Self-rescue measures to resolve low-grade congestion.' The project involves consulting with large catering companies to support the consumption of grade 1 or 2 Korean beef over imported beef, with financial support from the self-help budget. The plan aims to resolve the stock burden of Korean beef at major meat packaging companies and increase demand by distributors. The project will also extend to online distribution channels through discount coupons and processing low-grade beef into jerky for promotion.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Hanwoo beef, consultation with catering companies Self-rescue measures to resolve low-grade congestion In order to stabilize the price of Hanwoo beef, Korean cattle farmers started to come up with self-rescue measures using self-help funds. The Korean Beef Fund Management Committee (chaired by Min Kyung-cheon) launched a project to promote low-grade Korean beef consumption to stabilize the price of Korean beef at the end of the year. To this end, through consultations with large catering companies, companies and institutions are promoting a project to support the difference between imported meat and beef when consuming grade 1 or 2 Korean beef instead of imported beef. This is because of the diagnosis that the stock burden of Korean beef stocks at major meat packaging companies has recently increased, which is becoming a factor in reducing carcass wholesale demand. The plan is to induce additional purchases of Korean beef by distributors by resolving backlogs such as low-fat ...
Source: Nongmin

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