Jeollanam-do Responds to Volatile Rice Prices with Extra Support for Rice for Supply Control Cultivation

Plan to Provide an Additional 500,000 Won per Hectare
Expected to Stabilize Income and Increase Revenue for Local RPCs
Apply for Strategic Crop Direct Payments at Eup, Myeon, and Dong Offices
Contract with Government-Supported RPCs by City and County

Jeonnam Province is recruiting farmers to cultivate rice for supply adjustment to normalize rice prices. Provided by Jeonnam Province.

Jeollanam-do announced that, in order to normalize rice prices and stabilize the management of rice-growing farms, it will begin recruiting farms at the end of this month to cultivate "rice for supply control," a new item under the Strategic Crop Direct Payment Program.

"Rice for supply control" serves as a "safety valve" for supply and demand: in normal times, it is isolated from the market and restricted to processing use, and in emergencies when table rice supply is insufficient, it is released to the market to prevent sharp fluctuations in rice prices.

With rice prices having risen sharply recently, farms that had grown dry-field crops such as soybeans in paddy fields instead of rice until last year are now considering returning to rice cultivation, heightening concerns about rice overproduction.

In response, Jeollanam-do decided to encourage participation in the government's "rice for supply control" project and to support income stability for participating farms by providing, in addition to the 5 million won per hectare in strategic crop direct payments, an extra 500,000 won per hectare through its own "paddy-field alternative crop cultivation support program."

Assuming contract volume per hectare for rice for supply control is based on the production of 158 bags of unhulled rice, the total income per hectare would be about 10.96 million won, consisting of 5 million won in strategic crop direct payments, 5.46 million won from rice sales, and 500,000 won in additional support from Jeollanam-do. This is equivalent to about 69,000 won per 40 kg bag of unhulled rice.

Any rice produced in excess of the contracted volume can be sold independently at the farmer's discretion. Participating farms will be given priority participation rights in the future, enabling them to secure stable income over the long term.

Farmers wishing to participate can apply for the strategic crop direct payment at their eup, myeon, or dong Administrative Welfare Center starting at the end of this month, and then sign a delivery contract for rice for supply control with the government-supported Rice Processing Complex (RPC) in their city or county.

An official from Jeollanam-do said, "The key is to expand farmer participation by using provincial funds to supplement the lower support amount compared to last year's rice price," adding, "By actively utilizing the rice for supply control project, we expect a triple benefit: stable income for participating farms, additional management fee revenue for RPCs, and suppression of rice overproduction."

To ensure the successful establishment of the project, Jeollanam-do plans to hold village-level briefing sessions together with cities, counties, and participating RPCs, and to actively encourage farmer participation through various channels such as social networking services (SNS).

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