Andong-si Begins Public Rice Stockpiling Purchase... Including Dried and Paddy Rice, Total 3,811 Tons

[Asia Economy Yeongnam Reporting Headquarters, Reporter Park Dong-wook] Andong City, Gyeongbuk Province, announced on the 9th that it has finalized the purchase quantities of the 2020 public stockpiled rice by eup, myeon, and dong, and will purchase 3,155 tons (78,879 bags, 40kg each) of dried rice and 656 tons (16,389 bags) of paddy rice from Pungsan-eup (Hwansung Warehouse) starting on the 10th until the end of December.

This year's purchase varieties include only Ilpum rice for paddy rice, and two varieties for dried rice: Ilpum rice and Yeonghojinmi rice. Paddy rice harvested directly from the fields has already been purchased directly at Nonghyup Rice Co., Ltd. Andong Rice Center Pungsan RPC and Pungcheon DSC from October 12th to the 6th of this month.

The purchase price will be determined by the end of December. It will reflect the nationwide average rice price during the harvest season, converted to rough rice (40kg) price. An interim payment of 30,000 KRW per bag will be made on the same day after purchase, and the final settlement will be paid by the end of the year. In 2019, the prices were 67,920 KRW for special grade (based on 40kg), 65,750 KRW for first grade, and 62,830 KRW for second grade.

An official from Andong City advised, "Farmers shipping rice should pay attention to the variety inspection system, which is in its second year of implementation, and ensure that no varieties other than Ilpum rice and Yeonghojinmi rice are mixed in the purchase varieties," adding, "Proper moisture content of rice (below 15%) and careful sorting work are necessary to receive a high grade."

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