Hwasun-gun Completes Modernized Livestock Market... Expected to Boost Auctions and Income Increase

[Hwasun=Asia Economy Honam Reporting Headquarters Reporter Kim Ji-woon] The Hwasun Livestock Market has completed modernization facility construction, including the introduction of a smart electronic auction system.

Hwasun County (Governor Gu Chung-gon) announced on the 15th that it held a livestock market modernization facility completion ceremony in Dajiri, Hwasun-eup.

About 1,000 people attended the ceremony, including Gu Chung-gon, Governor of Hwasun County, Kim Young-rok, Governor of Jeonnam Province, Gu Bok-gyu, Governor-elect of Hwasun County, livestock association officials, and livestock farmers.

At the event, the Livestock Cooperative presented plaques of appreciation to Hwasun County and Jeonnam Province and held a special auction for premium Hanwoo calves.

The Hwasun Livestock Market has transformed into a smart facility equipped with a holding pen that can accommodate 220 heads at once, a state-of-the-art electronic auction system, offices, an observation room, and a parking lot through the 'Livestock Distribution Facility Modernization Support Project.'

The county expects that the introduction of the electronic auction system will enable fair and transparent livestock transactions, leading to a breakthrough in the development of the local livestock industry by ▲increasing income for Hanwoo farmers ▲improving productivity of Hanwoo farmers ▲saving waiting time ▲securing transparency in transaction prices.

Hwasun Livestock Cooperative completed the modernization facility project on a site of 9,169㎡ with 1.36 billion KRW in provincial and county subsidies and 599 million KRW in self-funding.

The transaction volume of the Hwasun Livestock Market, which opened in 1988, has steadily increased to 2,260 heads in 2019, 2,305 heads in 2020, and 2,489 heads in 2021. As of May 11 this year, 1,115 heads have been traded.

Hwasun County has been striving to foster the future livestock industry in the region centered on the values of 'smart and eco-friendly.'

It has expanded the foundation and enhanced competitiveness by promoting projects such as livestock ICT convergence support, livestock modernization, green livestock fund projects, and Hanwoo calf brand development. The construction of the livestock market modernization facility is also one of the livestock industry promotion policies.

Governor Gu Chung-gon said, "It was regrettable that the livestock market was old and cramped, causing inconvenience, but I am pleased to complete the livestock market modernization facility, which was the farmers' wish," and added, "We will continue to spare no support necessary for the development of the livestock industry and the cultivation of a high-quality Hanwoo brand."

Hwasun=Asia Economy Honam Reporting Headquarters Reporter Kim Ji-woon rosaria0704@asiae.co.kr

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