Additional Applications for '2024 Strategic Crop Direct Payments' Summer Crops Accepted Until the End of This Month
Payment of 1 million to 4.3 million KRW per hectare for summer strategic crop cultivation
The Ministry of Agriculture, Food and Rural Affairs announced on the 15th that it will accept additional applications for the '2024 Summer Strategic Crop Direct Payment' until the 31st.
The Strategic Crop Direct Payment is a system that provides direct payments of up to 4.3 million KRW per hectare to farmers cultivating strategic crops such as soybeans and rice flour to improve food self-sufficiency, stabilize rice supply and demand, and increase paddy field utilization. In 2023, about 125,000 hectares were covered, with over 73,000 agricultural management entities participating.
Originally, the Ministry of Agriculture, Food and Rural Affairs operated the application period for the 2024 Strategic Crop Direct Payment from March to May this year, receiving applications for about 147,000 hectares. Due to continuous requests from farmers wishing to participate, an additional application period will be operated until July 31.
During this period, farmers who intend to use general rice as whole crop rice (for forage) to stabilize rice supply during the harvest season can also apply. Currently, farmers cultivating rice who apply for the Strategic Crop Direct Payment and harvest it as whole crop rice by early September can receive 4.3 million KRW per hectare in strategic crop direct payments.
Farmers wishing to apply for the additional Strategic Crop Direct Payment can visit the township, town, or neighborhood office (administrative welfare center) where their farmland is located by the 31st to apply. Once registered as eligible recipients, they will undergo a summer crop compliance inspection by the National Agricultural Products Quality Management Service (from August to October) and receive the strategic crop direct payment at the end of the year.
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Choi Myung-cheol, Director of Food Policy at the Ministry of Agriculture, Food and Rural Affairs, said, "Stable operation of the Strategic Crop Direct Payment system is important for stabilizing rice supply and demand and improving food self-sufficiency. In particular, the Strategic Crop Direct Payment can also help farmers' income, so we ask for active participation from many farmers during this additional application period."
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