Goheung-gun Attracts TMR Feed Processing Plant... Secures 3 Billion Won Budget

Scheduled for completion by the end of 2021, Strengthening Livestock Industry Competitiveness through Reduced Production Costs and Enhanced Quality of Livestock Products

[Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] Goheung-gun, Jeonnam Province announced on the 17th that it has secured a budget of 3 billion KRW from the Ministry of Agriculture, Food and Rural Affairs for attracting a ‘TMR Feed Processing Factory’ to strengthen the competitiveness of the livestock industry in cooperation with Jeonnam Province.

The TMR feed processing factory is scheduled to be completed by the end of 2021 with a total project cost of 3 billion KRW, including already secured national funds of about 900 million KRW from the Livestock Development Fund, as well as county funds and self-contributions.

The newly confirmed forage processing factory is expected to greatly contribute to strengthening the competitiveness of the livestock industry by reducing production costs and improving the quality of livestock products through the expansion of production and use of high-quality forage for herbivorous livestock farms such as Korean cattle (Hanwoo) and dairy cows.

Unlike mixed feed, which depends on imports for 80% of its raw materials, the factory will produce feed mainly using forage (IR) produced purely within the region and forage produced from idle farmland, thus anticipating an import substitution effect.

Furthermore, with the completion of the TMR feed factory, the efficiency of domestic self-supplied forage utilization will be maximized, and a stable supply system of 100 tons per day of total mixed ration (TMR) feed will be established for cattle farms struggling due to recent domestic feed price increases caused by the sharp rise in international grain prices.

A county official stated, “By attracting the TMR factory, we will not only reduce logistics costs but also achieve increased employment, revitalize the local economy, and fulfill the long-standing wishes of local livestock farmers.”

He also added, “We will do our best to expand the production area of high-quality forage and secure sufficient consumption volume of TMR feed to build a foundation for the increasingly difficult Hanwoo farming and improve competitiveness, actively responding to the import of foreign beef, which will lead to increased farm income.”

This content was produced with the assistance of AI translation services.