South Korea: This year is the first year of strengthening the competitiveness of the pepper industry

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Published Mar 21, 2024

Tridge summary

The Korea Pepper Industry Association plans to bolster the domestic pepper industry's competitiveness due to the increasing influx of imported peppers. In its 2024 general meeting, the association decided to increase Nonghyup's contract cultivation by 16.3% from last year to stabilize pepper supply and prices. Additionally, it aims to advocate for the pepper industry's rights and interests and encourage more use of domestic red pepper powder in local kimchi factories.

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

“Let’s make this year the first year to strengthen the competitiveness of our pepper industry and make desperate moves!” The Korea Pepper Industry Association (Chairman Hong Seong-joo, North Chungcheong Jecheon Bongyang Agricultural Cooperative) held the 2024 general meeting at the Sunshine Hotel in Dong-gu, Daejeon on the 20th and reached this agreement. 69 of the 87 member agricultural cooperatives of the association participated in the general meeting. Officials from the horticultural supply and demand department of Nonghyup Economic Holdings also attended the event. The association decided to do its best to strengthen the competitiveness of the domestic pepper industry in response to the growing offensive of imported peppers. Chairman Hong Seong-ju said, “The rural population is aging, but if agriculture is mechanized, specialized, and scaled, our pepper industry has infinite growth potential.” He said, “We will make efforts to use more of our red pepper powder in domestic ...

Source: Nongmin