Jeongeup-si Extends Application Period for 'Agricultural Product Price Stabilization Support Project'

[Jeongeup=Asia Economy Honam Reporting Headquarters Reporter Kim Jae-gil] Jeongeup City in Jeonbuk announced on the 28th that it will extend the application period for the major 'Agricultural Product Price Stabilization Support Project' to respond to price instability of agricultural products due to climate change and the increase in farming households, and to increase farm income.

The target items are open-field potatoes, dried chili peppers, and ginger.

The city originally set the application and reception period until the 31st of this month, but it will extend the period for open-field potatoes until the 11th of next month, and for dried chili peppers and ginger until July 2nd.

The major agricultural product price stabilization support project compensates up to 90% of the difference when the market price of agricultural products with high price volatility falls below the standard price.

Also, when contracted farmers request market isolation (mountain area disposal), income compensation rates are supported to help farmers cultivate with peace of mind.

Applicants must have their address in the city and produce agricultural products on farmland located within the region, and ship them through the Jeongeup Danpungmiin Cooperative Joint Business Corporation or local agricultural cooperatives.

The application area must be between 1,000㎡ (300 pyeong) and 10,000㎡ (3,000 pyeong) per item.

Interested farmers can apply in person at the township or town offices of the farmland location, the community service centers, or local agricultural cooperatives.

A city official said, “We hope that through the major agricultural product price stabilization support project, we can respond to agricultural product price instability and establish an efficient farm management stabilization system to support agricultural management.”

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