Hamyang-gun, the Nation's Only 'Wild Ginseng Auction Market' Opens on the 30th

Within the Forest Cooperative Mountain Area Integrated Distribution Center, Leading the Successful Hosting of the Wild Ginseng Hub and Hamyang Ginseng Anti-Aging Expo

Panoramic view of Hamyang County Office.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] As the Hamyang Sansam Anti-Aging Expo approaches, Hamyang-gun, Gyeongnam, is set to open the nation's only wild ginseng auction house, raising its status as the central hub for wild ginseng production and distribution nationwide.

According to the county on the 25th, a nationwide wild ginseng auction house will open at 2 p.m. on the 30th inside the Hamyang-gun Forestry Cooperative Mountain Product Comprehensive Distribution Center in Baekcheon-ri, Hamyang-eup.

Hamyang-gun and the Hamyang-gun Forestry Cooperative finalized the opening schedule after several discussions on the opening date, submission methods, quality verification, and securing intermediate wholesalers to prepare for the auction house opening.

In particular, to match the prestige of the 2021 Hamyang Sansam Anti-Aging Expo to be held in September and to establish Hamyang as a distribution hub for wild ginseng, preparations were made to open a nationwide wild ginseng auction house, with simplified auctions planned every Wednesday.

The Hamyang-gun Forestry Cooperative simplified auction house was established with a total project cost of 1.29 billion KRW, including one auction building, a cold storage warehouse, an exhibition and sales hall, and a simple restroom, remodeling and newly constructing existing facilities to conduct auctions for agricultural and forest products alongside wild ginseng auctions.

Only wild ginseng that has passed the quality inspection by the Korea Forestry Promotion Institute, classified as specially managed forest products, can participate in the auction, and quality management will be thoroughly maintained in conjunction with the Hamyang Wild Ginseng Guardians.

A county official stated, “With the opening of this wild ginseng auction house, not only will the Hamyang Sansam Anti-Aging Expo be promoted, but if wild ginseng from across the country is distributed through Hamyang, it is expected to somewhat alleviate the sales burden on foresters and farmers,” urging many farms to participate.

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