Working together to form a reasonable South Korean beef price

Published Mar 14, 2023

Tridge summary

A collaborative agreement aimed at setting reasonable prices for Korean beef has been signed by the government, farmers, distributors, and consumers. The agreement seeks to enhance the consumption culture of Korean beef and establish a transparent distribution system. The initiative follows a significant drop in wholesale prices and consumer surveys indicating a decrease in consumer prices, highlighting the need for measures to address the industry's challenges.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Government·Korean beef farms·Distributors·Consumers Held a win-win agreement ceremony The government, Korean beef farmers, distributors, and consumers are drawing attention as they unite for a reasonable Korean beef price. The Ministry of Agriculture, Food and Rural Affairs, the Korean Beef Raising Management Committee, the National Korean Beef Association, Nonghyup Economic Holdings Livestock Economy, Korea Chain Store Association, E-Mart Co., Ltd., Homeplus Co., Ltd., Lotte Shopping Co., Ltd. With the participation of a total of 9 institutions and organizations, including Mart and Consumer Public Interest Network, the 'Win-Win Agreement Ceremony with the Government, Hanwoo Farmers, Distributors, and Consumers' was held. The event was attended by Junghee Kim, Director of Food Policy at the Ministry of Agriculture, Food and Rural Affairs, Yeonhwa Kim, Chairman of the Consumer Public Network, Kyungcheon Min, Chairman of the Korean Beef Fund Management Committee, Samjoo Kim, ...
Source: Aflnews

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.