SEOUL, Apr. 19 (Korea Bizwire) — Yonhap News Agency, South Korea’s key wire service, began an annual exposition Friday aimed at helping urban dwellers resettle in rural regions and providing export opportunities for local farms. The three-day Y-Farm Expo 2024, co-hosted by the National Agricultural Cooperative Federation, will run at the Suwon Convention Center in [...]
SEJONG, Apr. 18 (Korea Bizwire) –The number of farming households in South Korea fell below one million last year for the first time on record, according to government statistics released on April 18, underscoring the rapidly aging population in the rural areas of the country. The 2023 Agriculture, Forestry and Fisheries Survey by Statistics Korea [...]
SEOUL, Apr. 17 (Korea Bizwire) – South Korea saw record-breaking imports of pineapples and mangoes last month, driven by a surge in demand for cheaper fruit alternatives as apple and pear prices remained elevated, according to trade data released on April 16 by the Korea Customs Service. Pineapple imports soared to 8,686 tons in March, a [...]
SEOUL, March 25 (Korea Bizwire) – Finance Minister Choi Sang-mok said Monday that the government will devise measures to boost the competitiveness of the farming industry and revamp its logistics structure as surging prices of fruits and fresh food items have pushed up inflation. Choi announced the plan during a visit to a major discount [...]
JEONJU, Mar. 22 (Korea Bizwire) – The Rural Development Administration (RDA) of South Korea has announced the development of a cryopreservation technology that allows for the long-term storage of pear tree genetic resources at ultra-low temperatures. The key to this technology is preserving genetic material in liquid nitrogen at an extreme low temperature of minus 196 [...]
SEOUL, Mar. 21 (Korea Bizwire) – A recent survey has revealed that 4 out of 10 households in South Korea have family members, primarily children, who do not consume kimchi, the traditional dish of fermented vegetables. As households increasingly rely on store-bought kimchi, there is a growing demand for clearer labeling regarding levels of spiciness and [...]
SEOUL, Mar. 19 (Korea Bizwire) – With apple prices hitting record highs and fresh food costs skyrocketing, retail chains in South Korea are deploying innovative techniques to extend the shelf life of fruits and vegetables, seeking to minimize wastage of these increasingly precious and perishable commodities. At Lotte Mart, the company has been installing “Pure Space” [...]
SEOUL, Mar. 15 (Korea Bizwire) — The government and the ruling People Power Party (PPP) have agreed to inject an additional 150 billion won (US$113 million) this week to stabilize the price hike of agricultural and livestock products, the party leader said Friday. According to government data, prices of agricultural, livestock and fishery products rose [...]
SEOUL, Mar. 11 (Korea Bizwire) – The Gyeonggi Fruit Agricultural Cooperative, tasked with running a fruit supply program for children in the province, is facing hurdles due to the soaring prices of fruits. This initiative, aimed at improving children’s health and dietary habits, provides a variety of fruit snacks to kindergartens, community child centers, comprehensive care [...]
SEOUL, Mar. 9 (Korea Bizwire) – South Korea experienced its darkest winter in ten years from December to February, with sunlight levels plummeting, signaling potential difficulties for this year’s greenhouse crop yields. Concerns are rising that the poor condition of crops such as cucumbers, strawberries, watermelons, melons, and oriental melons could lead to reduced production [...]