Jeong Hwang-geun "Chuseok seasonal products supplied more than planned... Apple and pear value sets expanded to 100,000 units"

Price and Livelihood Inspection Meeting

Jeong Hwang-geun, Minister of Agriculture, Food and Rural Affairs, announced on the 15th that "as of the 14th, the supply volume of 14 major seasonal products is 6,500 tons, achieving 123% of the planned target."

Minister Jeong made this statement while attending a price and livelihood inspection meeting chaired by Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho at the Government Seoul Office.

Earlier, the government decided to supply a record-high 160,000 tons of seasonal products and invest a total of 67 billion won in discounts for agricultural, livestock, and fishery products to maintain the average price of 20 major Chuseok seasonal products at least 5% lower than the previous year.

According to the government, the average price of the 20 major seasonal products (accumulated from the 7th to the 13th) remains 6.0% lower than last year. The cost of the Chuseok ancestral rites table, consisting of 28 items, is also 4.8% lower compared to the previous year.

Minister Jeong said, "Beef and pork are being supplied at 136% of the original plan through normal weekend slaughterhouse operations and encouraging early shipments from farms," adding, "For apples and pears, whose production has decreased this year causing higher prices, we will expand the supply of affordable gift sets, priced 15-20% lower than market prices, from the initial 80,000 sets to a maximum of 100,000 sets."

Additionally, for eggs, whose farm prices have recently risen, the NongHyup will secure sufficient quantities and supply them to large supermarkets at low prices before Chuseok.

The government plans to proactively respond by identifying supply and demand instability factors in advance to ensure the stability of agricultural product prices even after Chuseok. Minister Jeong stated, "We will secure supply capacity for major agricultural and livestock products, such as an additional 2,000 tons of napa cabbage in case of adverse weather causing supply concerns," and added, "We will continuously monitor the growth and storage status of major agricultural products, international prices of food raw materials, and trends in the food and dining industries, and respond promptly if any crisis signs are detected."

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