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Isolation of 450,000 tons of rice this year in South Korea

Rice
South Korea
Published Sep 26, 2022

Tridge summary

The government has decided to conduct a market quarantine of 450,000 tons of rice, the largest amount ever, during this harvest season. The People's Power held a press conference at the National Assembly at 1:45 pm on the 25th and announced the results of the 4th High Party and Political Consultative Meeting held at the Prime Minister's Office in Samcheong-dong, Jongno-gu, Seoul on the morning of the same day.

Original content

The government has decided to conduct a market quarantine of 450,000 tons of rice, the largest amount ever, during this harvest season. The People's Power held a press conference at the National Assembly at 1:45 pm on the 25th and announced the results of the 4th High Party and Political Consultative Meeting held at the Prime Minister's Office in Samcheong-dong, Jongno-gu, Seoul on the morning of the same day. According to this, the government decided to quarantine the rice market worth 450,000 tons during this harvest season. The amount is 200,000 tons more than the 250,000 tons expected to be overproduced this year. Park Jeong-ha, senior spokesperson for the People's Power (Gangwon Won Ju-gap), who conducted the briefing, said, "This decision is a drastic measure for the harvest season 'faster and on a larger scale' than in 2017, when rice prices rose." In addition, the party government expressed the amendment to the Grain Management Act, which aims to make market ...
Source: Nongmin
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