Compensation for Culling of Chickens and Ducks Related to 1st-3rd AI Confirmed Cases Estimated at About 7 Billion Won

[Image source=Yonhap News]

[Sejong=Asia Economy Reporter Kim Hyunjung] As confirmed cases of highly pathogenic avian influenza (AI) within poultry farms are spreading nationwide, the government estimates that compensation for culling related to the first to third outbreaks will cost approximately 7 billion KRW.

According to the Central Avian Influenza Countermeasures Headquarters on the 8th, since the outbreak at a duck farm in Jeongeup, Jeonbuk on the 26th of last month, highly pathogenic AI confirmed at a laying hen farm in Sangju, Gyeongbuk on the 1st, and at a meat duck farm in Yeongam, Jeonnam on the 4th, a total of about 1,548,000 laying hens and ducks have been culled as of the day before. The compensation related to this is estimated to be about 7 billion KRW.

Based on the outbreak locations, the first outbreak in Jeongeup (7 farms, 487,000 birds) amounts to 2.48 billion KRW, the second in Sangju (5 farms, 559,000 birds) 2.543 billion KRW, and the third in Yeongam (11 farms, 502,000 birds) 2 billion KRW.

The culling compensation will be partially secured and paid through budget reallocation. Additionally, the Ministry of Agriculture, Food and Rural Affairs explained that up to 50% of the estimated compensation amount will be prepaid using next year’s budget (60 billion KRW) for additional costs.

This year’s budget related to culling compensation (63.2 billion KRW) has already been fully exhausted, and reallocation of some of the budget (900 million KRW) that must be paid first is currently underway.

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