Jeong Hwang-geun Visits Fresh Rice Harvest Site: "Rice Supply Stable During This Year's Harvest Season"

Local Rice Prices Recently Maintained Above 200,000 Won per 80kg
Minister Jeong: "Will Actively Promote Expansion of Strategic Crop Direct Payment System and Development of Powdered Rice Industry"

On the 10th, Jeong Hwang-geun, Minister of the Ministry of Agriculture, Food and Rural Affairs, visited the rice harvesting site in Buyeo, Chungnam, as the full-scale rice harvesting season began, to check this year’s rice crop and the supply and demand situation of rice during the harvest season.

An official from the Ministry of Agriculture, Food and Rural Affairs explained, "Minister Jeong’s visit was arranged to share the joy of harvest by harvesting rice together with farmers and to emphasize the government’s policy commitment to stabilizing rice prices during this year’s harvest season."

On that day, Minister Jeong toured the fields planted with regular rice and powdered rice, as well as the rice purchasing site, together with local farmers and young farmers, listening to their opinions on this year’s rice crop and quality. Afterwards, Minister Jeong personally rode a combine harvester and participated in rice harvesting.

On the 10th, Jeong Hwang-geun, Minister of Agriculture, Food and Rural Affairs, visited the rice harvesting site in Buyeo, Chungnam, and personally rode a combine to participate in the rice cutting.

At the site, Minister Jeong said, "Recently, the farm-gate price of rice has been maintained at over 200,000 KRW per 80kg, and considering the estimated production volume (3,684,000 tons) announced by Statistics Korea on the 6th, the supply and demand of rice during this year’s harvest season is expected to be stable." He emphasized, "To stabilize rice prices, we have been implementing measures such as proactive reduction of cultivation area centered on the Strategic Crop Direct Payment System, minimizing the supply of rice for commercial sale, and expanding overseas aid. We will continue to monitor market trends closely to ensure that rice prices during the harvest season are maintained at appropriate levels."

He also stated that to establish a fundamental rice supply and demand stabilization system, effective policies such as expanding the Strategic Crop Direct Payment System and fostering the powdered rice industry will be actively promoted. In particular, he mentioned that food companies are developing various powdered rice products such as ramen and snacks, urging farmers to actively participate in powdered rice cultivation.

The Ministry of Agriculture, Food and Rural Affairs plans to expand the supported items of the Strategic Crop Direct Payment System next year (including mung beans, red beans, corn, etc.), increase the payment for powdered rice and beans from 1 million KRW to 2 million KRW per hectare, raise the payment for double cropping from 2.5 million KRW to 3.5 million KRW, and expand the cultivation area of powdered rice from 2 hectares this year to 10,000 hectares next year.

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