Ministry of Agriculture, Food and Rural Affairs to Sequentially Supply Contracted Mineral Fertilizer Volumes Starting Next Month on the 3rd

[Image source=Yonhap News]

[Sejong=Asia Economy Reporter Moon Chaeseok] The Ministry of Agriculture, Food and Rural Affairs announced on the 28th that it plans to sequentially supply 144,000 tons of contracted volume for January next year starting from the 3rd of next month.

According to the Ministry, the total amount of mineral fertilizers reserved for purchase by regional Nonghyup cooperatives to Nonghyup Economic Holdings is 1,034,000 tons (t). To ensure smooth fertilizer supply management, Nonghyup Economic Holdings has established a 'Mineral Fertilizer Supply Situation Room' and plans to check the supply and receipt status of mineral fertilizers for each regional Nonghyup cooperative from the 3rd of next month to March 31st, then provide support accordingly.

An official from the Ministry explained, "To prepare for simultaneous and sudden receipt requests from regional Nonghyup cooperatives at the beginning of the year, the Mineral Fertilizer Supply Situation Room of Nonghyup Economic Holdings will comprehensively consider the stock levels and actual usage timing of each regional Nonghyup cooperative to adjust the priority of supply."

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