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[Stats] Bottom Line of Korea’s Meat Products Industry

Data revealed that a cattle farmer takes an average of 573,000-won loss for every bull he raises.According to a report “2013 Livestock Production Cost Survey” published by the National Statistical Office on May 30, the total cost of raising a beef cow was 6,509,000 won as of 2013. In contrast, the average price of a bull is 5,936,000 won. That means the farmer incurs a loss of 573,000 won every time he sells a male cow he breeds.

[Related Article] Cattle Farmers Take 573,000 Won Loss from Raising Male Cow…Statistical Office. (Korea Bizwire, May 31)

Infographics Design Team (Infographic@kobizmedia.co.kr)