South Korea: Jeonnam Agricultural Cooperative aims to reduce rice cultivation area by 5,600 ha this year

South Korea
Market & Price Trends
Innovation & Technology
Published Feb 29, 2024

Tridge summary

The Nonghyup Jeonnam headquarters in South Korea is aiming to reduce rice cultivation in Jeollanam-do by 5,600 hectares in 2021 to avoid overproduction. The organization plans to manage supply and demand through measures for appropriate rice production, with the help of regional agricultural cooperatives. Applications for the rice paddy crop cultivation support project are open until March 31st, while those for the strategic crop direct payment system and rice cultivation area reduction agreement are open until May 31st.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

(Muan = Yonhap News) Reporter Jo Geun-young = On the 28th, the Nonghyup Jeonnam headquarters announced that it has set a goal of reducing rice cultivation in Jeollanam-do by 5,600 ha this year and is putting all its efforts into preventing rice overproduction. The Jeonnam Headquarters held a 'Promotion Briefing Session on Appropriate Rice Production Measures' to prevent overproduction of rice and preemptively manage supply and demand, with executives and employees from the Jeonnam Agricultural Cooperative Economic Division and city/county branches in attendance. The goal of reducing rice cultivation in Jeonnam (5,600 ha) was presented and the direct payment system for strategic crops (expansion of items, increase in unit price, etc.) that will change starting this year and the project to support the cultivation of rice paddy crops in Jeollanam-do were explained. Jeonnam Agricultural Cooperative plans to share the implementation plan for appropriate rice production and achieve the ...
Source: Yna
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