“Discount support for 14 ingredients in line with the kimchi season… “20% discount on pork”
“Reducing the rice cultivation area is the No. 1 priority… “We will strongly pursue a reduction of 80,000 ha next year.”
Minister of Agriculture, Food and Rural Affairs Song Mi-ryeong held a press conference on the 30th and announced, “Starting from the 31st, the selling price of cabbage at large supermarkets will be in the 3,000 won range.”
Minister Song said, “On the 29th, the wholesale price of cabbage recorded 2,900 won,” and “The wholesale price of cabbage, which was 9,500 won in mid-September, recorded a downward trend as fall cabbage began to be shipped. “It is expected that there will be fluctuations in the 2,000 won range in the future,” he said.
Minister Song also said, “We plan to hold the kimchi season from November 7 to December 4 and promote contract cultivation supply and government discount support for 14 ingredients, including cabbage, radish, pepper, garlic, and onion.” He emphasized, “You don’t have to worry about the price of kimchi as the Korean Pork Fund Management Committee also offers a 20% discount on pork in line with the kimchi season.”
Minister Song continued, “Last November, the retail price of cabbage was in the late 3,000 won range, and it is expected to be similar this year as well,” adding, “We are also planning to create a way for consumers to easily find kimchi discount information.”
Regarding the price of rice, he said, “We should have strongly reduced the cultivation area, but it is regrettable that we did not,” and explained, “We plan to strongly reduce the cultivation area by 80,000 hectares next year.”
Minister Song said, “Reducing the cultivation area is the No. 1 priority,” and added, “Young people consume a lot of processed rice foods. “Accordingly, we are trying to expand consumption by expanding the market for processed rice foods such as traditional liquor,” he added.
He said, “I think exporting domestically produced rice to countries such as Singapore is a new challenge,” and added, “Starting next year, we plan to change the structure in which the government purchases rice when the price falls.”
In particular, Minister Song said, “Cultivating indica varieties, which are widely consumed overseas, is one way, but the government cannot recommend it.” He added, “Through the Agricultural and Rural Structural Reform TF, we will identify the needs of farmers, create high-quality measures, and implement them starting next year.” He emphasized.
Regarding the globalization of Korean food, he said, “We hosted Asia’s Best Restaurant 50, which was held last March, again next year,” and added, “We will create a link so that K-food can take root through sauces using Korean ingredients.”
Regarding concerns about a decline in agricultural and food exports due to Trump’s re-election, he said, “The United States has the biggest quarantine issue,” and added, “I think it is difficult to unilaterally block our exports. “The U.S. market is large, but we plan to continue expanding next year as we have worked hard to promote in emerging markets such as the Middle East, Central and South America, and Southeast Asia.”
(Sejong = News 1)
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It seems you’ve pasted a news article regarding the recent statements made by Song Mi-ryeong, the Minister of Agriculture, Food and Rural Affairs in South Korea. Here are the main points summarized:
- Cabbage Prices: Starting November 31, the retail price of cabbage at large supermarkets is expected to be around 3,000 won, following a drop from 9,500 won in mid-September, largely due to the harvest season.
- Kimchi Season: Minister Song has announced the kimchi-making season from November 7 to December 4. The government will support the supply of key ingredients (cabbage, radish, pepper, garlic, onion) and offer discounts on pork to manage costs during this period.
- Rice Cultivation Plans: He acknowledged the necessity to reduce rice cultivation area by 80,000 hectares next year, citing the need to adjust to changing consumer preferences and concerns about rice prices.
- K-food Globalization: The minister emphasized initiatives to promote Korean food internationally, including hosting events like Asia’s Best Restaurant 50 to help elevate the profile of K-food.
- Export Concerns: Addressing concerns about potential export declines, he mentioned that while the U.S. market poses quarantine challenges, the government aims to expand Korean agricultural exports in emerging markets despite political challenges.
These insights reflect the government’s strategic approach to managing agricultural pricing, encouraging local production, and promoting Korean cuisine on the global stage. If you have any specific questions or need further information about a particular aspect of the article, feel free to ask!