South Korea: Jeju Island established a plan to promote the 2023 Open Field Tangerine Price Stabilization System

Published 2023년 9월 8일

Tridge summary

Jeju Special Self-Governing Province has announced their plan to promote the '2023 Open Field Tangerine Price Stabilization System'. They will accept applications for advance demand from local agricultural and agricultural cooperatives until the 6th of the following month. The system supports 90% of the difference when the monthly average market price falls below the target management standard price, benefiting citrus farmers and corporations in Jeju who meet specific eligibility criteria.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Korea Farmers and Fishermen Newspaper Reporter Kang Jae-nam] Jeju Special Self-Governing Province announced that it has established a plan to promote the ‘2023 Open Field Tangerine Price Stabilization System’ and will accept applications for advance demand through local agricultural and agricultural cooperatives until the 6th of next month. The open-field tangerine price stabilization system is a system in which the province supports 90% of the difference when the monthly average market price falls below the target management standard price from November, when open-field tangerines are first shipped, to February of the following year. Those eligible for support are citrus farmers and corporations with an address in Jeju who have registered as an agricultural business and paid mandatory citrus self-subsidy, and have signed a shipment agreement with local agricultural and citrus cooperatives and within the past 5 years △ thinning △ garden preparation △ soil cover cultivation △ ...
Source: Agrinet

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