‘Wheat Disaster Insurance’ subscription period extended to 13th in South Korea

Published Dec 9, 2024

Tridge summary

The Ministry of Agriculture, Food and Rural Affairs in South Korea has extended the subscription period for crop disaster insurance due to delayed sowing caused by abnormal weather. The subscription period for cereal crop insurance has been extended from 6 to 13 days, and the period for onion cultivation insurance has been postponed by a week. This extension is due to heavy rainfall in September and October, which made the fields too wet for sowing. Farmers can subscribe to the insurance at their local agricultural cooperative by the extended deadline.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As the sowing season of crops is delayed due to abnormal weather, the subscription period for crop disaster insurance is being extended one after another. The Ministry of Agriculture, Food and Rural Affairs has delayed the subscription period for crop disaster insurance for cereals such as wheat, barley, and oats from the original 6 days to 13 days. The subscription period was extended in consideration of the fact that cereal sowing was not done on time due to frequent rain in the fall. For the same reason, the subscription period for crop cultivation insurance for onions in November was postponed by one week. According to the current regulations, cereals can be subscribed to crop disaster insurance only after they are sown and the emergence rate exceeds 80%. However, due to frequent rain in September and October this year, the fields did not dry properly, so the sowing was delayed compared to the average year. Wheat, barley, and oats are usually sown in dry soil because they ...
Source: Nongmin

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