First Goat Auction Held at Yeongcheon Electronic Livestock Auction Market

Auction Held on the Fourth Wednesday of Every Month

Expectations High for Revitalizing the Goat Market

Yeongcheon City and the Yeongcheon Livestock Cooperative announced on the 22nd that they have opened the Yeongcheon Goat Auction Market for the first time at the Yeongcheon Electronic Livestock Auction Market, officially commencing operations.

Following the recent enactment of the "Dog Meat Ban Act," goat farming has been rapidly increasing. However, due to a lack of auction markets, farmers have been facing difficulties in sales and distribution.

Yeongcheon Goat Auction Market, which opened for the first time on the 22nd. Provided by Yeongcheon City

In response, Yeongcheon City and the Yeongcheon Livestock Cooperative established the goat auction market to address these challenges and to ensure fair market prices through transparent transactions.

The goat auction market will be held at 10 a.m. on the fourth Wednesday of every month and will operate as a smart auction with a pen system capable of accommodating up to 400 goats.

All livestock except sheep are traded, and on the opening day, a total of 170 goats were shipped.

The Yeongcheon Electronic Livestock Auction Market established a smart auction system in 2023 and completed the construction of an electronic auction platform last year by investing KRW 250 million in project costs.

The same system was utilized for this goat auction, further enhancing the efficiency of the auction process.

A city official stated, "We hope the operation of the goat auction market will revitalize the goat industry," adding, "We will do our utmost to promote the sustainable growth of the goat industry and improve farmers' income through a variety of support measures to ensure a stable foundation for goat farming."

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