Yeongyang-gun Changes Schedule for Purchasing Over 1,400 Tons of 2022 Public Grain Reserves

Yeongyang County Office.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Gwiyeol] Yeongyang-gun, Gyeongbuk, will purchase 34,891 bags/40kg (1,396 tons) including public reserve rice and market isolation rice this year to stabilize rice supply and prices during the harvest season.

Initially, Yeongyang-gun planned to purchase the 2022 public reserve rice (including market isolation rice) from November 9 to November 18 (8 days), but due to additional allocation of purchase volume this year and delayed rice harvesting caused by the long rainy season, the schedule was changed to November 16 to November 29 (10 days).

The rice varieties to be purchased are Samgwang rice and Haedam rice.

Since the variety inspection system to prevent the purchase of rice varieties other than the public reserve rice purchase target has been implemented since 2018, farmers who ship varieties other than the designated purchase varieties will be excluded from the public reserve rice purchase target farmers for the next five years.

The purchase price will be based on the nationwide average rice price at production sites during the harvest season (October to December) converted from 80kg of polished rice to 40kg of paddy rice.

An interim payment of 30,000 KRW per bag will be paid immediately after purchase, and the final settlement will be paid by the end of the year after the purchase price is confirmed.

Farmers participating in the purchase of 2022 public reserve rice must maintain appropriate moisture content (13% to 15%) to improve quality and prevent losses due to over-drying, reuse of packaging materials is not allowed, and packaging materials must comply with the standards announced by the Ministry of Agriculture, Food and Rural Affairs.

Yeongyang-gun stated that it will do its best to ensure that the public reserve rice purchase is completed smoothly in accordance with the changed purchase schedule.

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