The year-end special has disappeared and the average wholesale price of Korean beef is in the 17,000 won range

Due to the surprise martial law on the 3rd, year-end gatherings have been canceled one after another, and the year-end special has disappeared, so the price of Korean beef is maintaining a stable trend at around 17,000 won per kg. According to the Livestock Products Quality Evaluation Institute, the national wholesale average price on the 19th was maintaining a stable trend at 17,803 won per kg. The Korean beef industry, which had initially expected a year-end special, is expressing concerns as the economic recession and political issues overlap. Although small and medium-sized marts are continuing to hold low-grade discounts, sales are low, and as year-end parties have almost disappeared, demand for eating out has decreased significantly compared to last year. Demand at butcher shops is also sluggish, worsening the situation. An official from the distribution industry ...