Farming Households’ Average Income Down 3.4 pct in 2022: Data

SEOUL, May 18 (Korea Bizwire) — South Korea’s farming households saw their average annual income fall 3.4 percent on-year in 2022, data showed Thursday, due to falling market prices and rising operating costs. The average annual income of farming households came to 46.15 million won (US$34,600), compared with 47.76 million won tallied a year earlier, [...]