Jangseong-gun Completes Payment of 'Rice Shipment Incentives'... Stabilizing Farm Management
[Jangseong=Asia Economy Honam Reporting Headquarters, Reporter Jo Hangyu] Jangseong-gun, Jeollanam-do has completed the payment of 'shipment incentives' to farmers who shipped rice to integrated RPCs and local agricultural cooperatives.
The county announced on the 4th that it paid 2,000 KRW per 40kg bag as a shipment incentive to stabilize the management of rice-producing farmers struggling due to the decline in rice prices.
The supported quantity was about 213,000 bags, with the entire project cost of 430 million KRW covered by the county budget.
The government’s public stockpiling rice purchase price for first-grade rice is 64,530 KRW, down 13% from the previous year, leaving farmers still worried.
The county has been making efforts to stabilize rice prices, including expanding rice purchase volume by 204% compared to the previous year, and has continued prompt measures such as completing the payment of shipment incentives within the year to farmers shipping to integrated RPCs and local agricultural cooperatives who are directly affected by the rice price decline.
County Governor Kim Hanjong said, “I hope the shipment incentive payment has helped farmers’ management even a little,” and added, “We will continue to mobilize all administrative power to support rice-growing farmers.”
Meanwhile, the county is implementing various support policies for farmers, such as providing rice production materials and supporting 10,000 KRW per bag for rice certified seeds.
Hot Picks Today
"Stock Set to Double: This Company Smiles Every...
- "Is Yours Just Gathering Dust at Home? Millennials & Gen Z Rediscover Digicams O...
- Chicago Fed President: "Rate Hikes Needed If Productivity Expectations Overheat"
- "High-Net-Worth Investors Managing 10 Trillion Won: 'Gangnam Wealthy Also Feel F...
- “She Shouted, ‘The Rope Isn’t Tied!’... Chinese Woman Falls from 168m Cliff ...
Jangseong=Asia Economy Honam Reporting Headquarters, Reporter Jo Hangyu baekok@asiae.co.kr
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.