Deputy Minister Han, Weekly ‘Agricultural and Livestock Supply and Growth Situation Inspection Meeting’
Focused Management of Field Vegetables Supply… Inspection of Growth situation during harvesting season,
![[Sejong=Newsis] The Ministry of Agriculture, Food and Rural Affairs held an 'Agricultural and Livestock Supply and Growth Situation Inspection Meeting' chaired by Deputy Minister Han at the Sejong Government Complex on the 12th, inspecting the growth situation of 7 field vegetable crops such as cabbage, radish, cabbage, carrot, garlic, onion, and dried pepper.(Photo](https://imgnews.pstatic.net/image/003/2024/06/12/NISI20240612_0001573998_web_20240612134505_20240612135028610.jpg?type=w647)
[Sejong=Newsis] The Ministry of Agriculture, Food and Rural Affairs held an ‘Agricultural and Livestock Supply and Growth Situation Inspection Meeting’ chaired by Deputy Minister Han at the Sejong Government Complex on the 12th, inspecting the growth situation of 7 field vegetable crops such as cabbage, radish, cabbage, carrot, garlic, onion, and dried pepper.(Photo provided by the Ministry of Agriculture, Food and Rural Affairs),
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, ‘[Sejong=Newsis] Reporter Kim Dong-hyun = The government has embarked on focused management of field vegetables that may face supply challenges depending on summer weather conditions. The proactive management until the harvest season aims to prevent supply shortages and restrain price hikes.’,
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, “On the 12th, the Ministry of Agriculture, Food and Rural Affairs held an ‘Agricultural and Livestock Supply and Growth Situation Inspection Meeting’ chaired by Deputy Minister Han at the Sejong Government Complex, inspecting the growth situation of 7 field vegetable crops including cabbage, radish, cabbage, carrot, garlic, onion, and dried pepper.”,
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, ‘Deputy Minister Han first stated, “In order to maintain stable agricultural product prices even after June, we plan to hold the ‘Agricultural and Livestock Supply and Growth Situation Inspection Meeting’ weekly. We will review the overall agricultural product prices at the beginning of each month, and then publicly announce the review results and response measures by sector.”‘,
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, ‘Regarding the price trends of agricultural and livestock products in early June, he stated, “With favorable weather conditions and expanded supply areas, the prices of facility vegetables, watermelons, and oriental melons are decreasing compared to the previous month, and watermelons and oriental melons in season are showing stable prices.”‘,
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, ‘He also explained that “For livestock products, pork prices are slightly higher than the previous month due to seasonal demand increase, but they are lower than last year’s level. Beef, chicken, and egg prices are showing a downward trend compared to the previous month.”‘,
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, ‘He said, “Next week, we will inspect fruits, and in the future, we will inspect food and dining prices, as well as livestock demand for the summer holiday season. In the past, we reviewed the agricultural and livestock supply situation once a month, but in the future, we plan to conduct focused inspections on specific products every week.”‘,
![[Sejong=Newsis] The Ministry of Agriculture, Food and Rural Affairs held an 'Agricultural and Livestock Supply and Growth Situation Inspection Meeting' chaired by Deputy Minister Han at the Sejong Government Complex on the 12th, inspecting the growth situation of 7 field vegetable crops such as cabbage, radish, cabbage, carrot, garlic, onion, and dried pepper.(Photo](https://imgnews.pstatic.net/image/003/2024/06/12/NISI20240612_0001573999_web_20240612134535_20240612135028612.jpg?type=w647)
[Sejong=Newsis] The Ministry of Agriculture, Food and Rural Affairs held an ‘Agricultural and Livestock Supply and Growth Situation Inspection Meeting’ chaired by Deputy Minister Han at the Sejong Government Complex on the 12th, inspecting the growth situation of 7 field vegetable crops such as cabbage, radish, cabbage, carrot, garlic, onion, and dried pepper.(Photo provided by the Ministry of Agriculture, Food and Rural Affairs)
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, ‘At the meeting, field vegetables that could face unfavorable supply conditions due to summer weather were intensively inspected. The main items checked were cabbage, radish, cabbage, carrot, garlic, onion, and dried pepper.’,
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, ‘For cabbage, spring cabbage from non-greenhouse fields is currently being harvested in regions such as Mungyeong, Yeongyang, and Yeongwol in Gyeongsangbuk-do and Gangwon Province, and the overall crop conditions are good, along with an increase in cultivation area compared to the previous and normal years, resulting in a stable supply situation.’,
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, ‘Both wholesale and retail prices also showed an overall downward trend. The wholesale price of a cabbage head was 3,663 won in June, a 3.1% decrease from the previous year, and the retail price was 2,206 won, a 23.8% decrease.’,
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, ‘Due to the possibility of a slight decrease in the cultivation area of summer cabbage, the Ministry of Agriculture, Food, and Rural Affairs plans to stockpile around 10,000 tons of surplus spring cabbage and secure government-usable quantities (23,000 tons) through NH Agricultural Cooperatives distribution control facilities and contract cultivation, while also preparing 2 million seedlings as reserve.’,
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, ‘Deputy Minister Han stated, “In case summer cabbage in high-altitude areas of Gangwon Province is exposed to heavy rains and heat, causing poor crop yields and sharp price spikes, it is common for cabbage prices to soar due to the low summer cabbage production and resulting damages.”‘,
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, ‘He further mentioned, “A survey of the planting intentions of summer cabbage farmers showed that a decrease of about 5% is expected. Therefore, we will minimize the damage from summer heatwaves and heavy rains and thoroughly manage growth to prepare for supply shortages through stockpiling surplus spring cabbage and preparing 2 million seedlings.”‘,
![[Seoul=Newsis] Deputy Minister Han of the Ministry of Agriculture, Food and Rural Affairs is inspecting the spring cabbage growth in Nunam-myeon, Mungyeong-si, Gyeongsangbuk-do, on the 4th of June. (Photo: Ministry of Agriculture, Food and Rural Affairs) June 4, 2024. photo@newsis.com *](https://imgnews.pstatic.net/image/003/2024/06/12/NISI20240604_0020365634_web_20240604162050_20240612135028614.jpg?type=w647)
[Seoul=Newsis] Deputy Minister Han of the Ministry of Agriculture, Food and Rural Affairs is inspecting the spring cabbage growth in Nunam-myeon, Mungyeong-si, Gyeongsangbuk-do, on the 4th of June. (Photo: Ministry of Agriculture, Food and Rural Affairs) June 4, 2024. [email protected] *No redistribution or DB
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, ‘Spring radish showed a decrease in cultivation area and poor crop yields, resulting in high prices. However, when open-field spring radishes enter full-scale distribution in mid-June, prices are expected to turn downward, but it is projected to form a slightly higher price range than the previous year due to a reduced supply compared to before.’,
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, ‘Summer radishes are in normal growth in the Gyeonggi region, and seeding is underway in Gangwon, with a slight decrease in cultivation area expected compared to the previous and normal years. The Ministry of Agriculture, Food and Rural Affairs plans to stockpile 5,000 tons of spring radish and apply import quotas from July to expand supply.’,
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, ‘Due to the poor crop yields of winter cabbage resulting in sharp price increases, the prices of winter cabbage began to decline from June as open-field spring cabbage entered full distribution. In early June, the retail price of cabbage per head was 5,847 won, a 10.04% decrease from the end of the previous month.’,
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, ‘Regarding summer cabbage, the crop conditions are good, and with an increase in cultivation area compared to the previous and normal years, a stable supply is expected. The government plans to apply import quotas until October due to the possibility of poor crop yields in the summer season. After July, the plan is to limit the import quantity to the normal annual import amount.’,
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, ‘Winter carrots saw an early end to the harvest season due to reduced quality of stored winter carrots, and the high prices are due to a decrease in cultivation area and poor crop yields of spring carrots. The storage volume of spring carrots has also decreased by about 10% compared to the previous year, indicating a continuous supply shortage until August.’,
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, ‘Summer carrots to be harvested from September are expected to see increased planting area due to high prices last year, leading to a rise in cultivation area changes and demand for crop changes. The Ministry of Agriculture, Food and Rural Affairs plans to apply import quotas until the end of September to expand supply and relieve the burden on food and dining establishments due to summer supply shortages.’,
![[Seoul=Newsis] Reporter Hong Hyo-sik = The government is proactively responding to factors of price instability in the mid-year. For some crops with poor crop yields, such as garlic and onions, the government is promoting stockpiling in response to supply situations, while using stockpiling and distribution control quantities to manage cabbage supply. The photo](https://imgnews.pstatic.net/image/003/2024/06/12/NISI20240526_0020353028_web_20240526111715_20240612135028617.jpg?type=w647)
[Seoul=Newsis] Reporter Hong Hyo-sik = The government is proactively responding to factors of price instability in the mid-year. For some crops with poor crop yields, such as garlic and onions, the government is promoting stockpiling in response to supply situations, while using stockpiling and distribution control quantities to manage cabbage supply. The photo was taken on the 26th at a large mart in downtown Seoul where citizens are buying garlic. May 26, 2024. [email protected],
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, ‘It is expected that garlic, which had suffered damage from late frost, accounting for 14.6% of the total cultivation area, will have limited supply effects. The crop conditions in the Honam Plain and Hanbitan Areas are good, and peeled garlic and processing are possible with the failed garlic crop.’,
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, “Although the garlic production volume may decrease compared to the previous year, considering inventory levels and reduced demand, the government expects a low possibility of price increases. Plans are underway to promote government-led stockpiling in preparation for the increased demand during the kimchi-making season.”,
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, ‘Dried peppers are showing prices at a high level compared to the previous and normal years due to a shortage of inventory. Although this year\’s chili growth conditions are generally good, there is an expected decrease in supply due to growth delays, reduced cultivation area, and the possibility of limited supply.’,
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, ‘The Ministry of Agriculture, Food and Rural Affairs is planning to proceed with government-led sales and import stockpiling measures. Currently, they are considering Tariff Rate Quota (TRQ) quantities and, based on budgets and quantities, once the import method is determined through a government-to-government trading approach, the Ministry of Agriculture, Food and Rural Affairs will stockpile and allocate to actual users for processing facilities.’,
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, ‘Deputy Minister Han stated, “To ensure stable production of field vegetables this year, the Ministry of Agriculture, Food and Rural Affairs has been operating the ‘Field Vegetable Growth Management Consultative Body’ since March, jointly with the Rural Development Administration, local governments, the Korea Rural Economic Institute, and the National Federation of Agricultural Cooperative. We will continue to make every effort to ensure stable production until the harvest season through growth inspection and management.”.’,
![[Sejong=Newsis] Exterior of the Ministry of Agriculture, Food and Rural Affairs in Sejong *No resale or DB](https://imgnews.pstatic.net/image/003/2024/06/12/NISI20220213_0000931239_web_20220213113337_20240612135028620.jpg?type=w647)
[Sejong=Newsis] Exterior of the Ministry of Agriculture, Food and Rural Affairs in Sejong *No resale or DB,
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