POHANG, Aug. 23 (Korea Bizwire) – “Fish farms in Pohang are on the brink of shutting down. We’re losing thousands to tens of thousands of fish daily,” lamented Lee Tae-hyung, a fish farm owner in Guryongpo-eup, Nam-gu in the city of Pohang, on August 22. Lee’s distress highlights the severe impact of recent high sea temperatures [...]
SEOUL, Aug. 19 (Korea Bizwire) — The agriculture ministry said Monday the government will purchase a total of 450,000 tons of rice for its reserves to stabilize market prices and address an oversupply of the grain. Under the plan passed during a Cabinet meeting, the government will purchase 400,000 tons of rice harvested this year, [...]
SEJONG, Aug. 13 (Korea Bizwire) — South Korea’s agriculture ministry said Tuesday that the country has received the nod from Britain to ship heat-treated chicken products to the European nation. The approval will allow South Korea to export a wide array of related products, including traditional chicken soup, or “samgyetang,” according to the Ministry of [...]
JEONJU, Aug. 8 (Korea Bizwire) – In a groundbreaking development for the pork industry, South Korean researchers have unveiled the world’s first artificial intelligence (AI) system capable of detecting pregnancy in sows, potentially revolutionizing farm management practices. The Rural Development Administration (RDA) announced on August 7 that researchers had successfully developed AI-powered technology to confirm pregnancy [...]
CHANGWON, Aug. 1 (Korea Bizwire) – In the sweltering heat of a late July morning, Kim Young-bong wiped sweat from his brow as he tended to his herd of 270 Korean native cattle, known as hanwoo, in Changwon, South Gyeongsang Province. “Raising cattle is absolutely miserable right now,” Kim, 61, lamented. “We can’t even get fair [...]
SEOUL, Jul. 4 (Korea Bizwire) – In a dramatic display of desperation, thousands of South Korean cattle farmers gathered outside the National Assembly in Seoul on July 3 to protest their deteriorating economic situation and demand government intervention. The demonstration, which included a symbolic attempt to “return” cattle to the government, marked the first such protest [...]
SEOUL, Jul. 1 (Korea Bizwire) — The agricultural ministry said Monday it has launched steps to purchase 50,000 tons of rice in order to stabilize its price. The latest move comes in line with efforts to reduce the 150,000 tons of rice in storage, which was harvested in 2023, in the market this year, according [...]
SEOUL, June 30 (Korea Bizwire) – In a significant development for agricultural trade, South Korean and U.S. quarantine authorities have reached an agreement on the export of fresh ginseng to the United States and the import of Texas grapefruit to South Korea, the government announced on Sunday. The negotiations, which have spanned several years, have [...]
SEOUL, Jun. 27 (Korea Bizwire) – The Ministry of Oceans and Fisheries of South Korea has announced a recruitment drive for “Observers” to monitor illegal fishing activities and conduct scientific research aboard the country’s distant water fishing vessels. These individuals, often referred to as “Sea Guardians,” play a crucial role in overseeing fishing operations at sea. [...]
SEOUL, June 25 (Korea Bizwire) – The number of households that moved from urban areas to farming and fishing villages fell for the second consecutive year in 2023, data showed Tuesday. The number of households moving to farming villages came to 317,464 last year, down 4.4 percent from a year earlier, according to the data [...]