"Vegetable Prices Soar While Rice Prices Plummet" ... Farmers in Distress

Assemblyman Noh Young-do: "Farmers Should Be Able to Focus on Farming with Peace of Mind"
Changnyeong County Council Strongly Urges Government for Rice Supply Stability Measures

Eleven members of the Changnyeong County Council in Gyeongnam unanimously adopted a resolution proposing measures to stabilize rice prices.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Wook] Despite the global surge in grain prices due to the Ukraine war, only the price of rice in South Korea has plummeted, raising urgent calls for government-level measures to stabilize rice prices.

On the 14th at 10 a.m., the Changnyeong County Council in Gyeongnam unanimously passed a government petition for the establishment of "rice price stabilization measures" at the "297th Changnyeong County Council 1st Regular Meeting" and delivered it to the Presidential Office and central government agencies.

Through the "Government Petition" jointly proposed by 11 members including Councilor Noh Young-do, the Changnyeong County Council stated, "While grain prices are rising sharply worldwide, only the price of rice in South Korea has plummeted," emphasizing, "The price for 20kg dropped by 21% from 55,333 won last year to 41,836 won on August 25, causing rice farmers to be distressed."

The County Council urged the central government to prepare measures, stating, "In addition to production cost compensation and market isolation of pasture, mid- to long-term and practical supply-demand stabilization measures such as controlling alternative crops, reducing rice cultivation area, and revitalizing the rice processing industry are urgently needed."

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