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, [...]
SEOUL, March 30 (Korea Bizwire) — Rice production costs in South Korea rose 9.3 percent on-year in 2022 due mainly to soaring prices of fertilizers, causing net profit from rice farming to sink nearly 40 percent, data showed Thursday. Farmers spent 31,631 won (US$24.24) to produce 20 kilograms of rice last year, up 2,689 won [...]
SEOUL, Sept. 28 (Korea Bizwire) — The number of South Koreans in the agrofisheries sector is continuing to fall because of a rapid aging and urbanization trend in the country, government data showed Tuesday. Households engaging in the farming business totaled 1.03 million last year, down 4.9 percent from 1.08 million tallied in 2015, according [...]
SEOUL, June 11 (Korea Bizwire) — South Korea’s overseas aid agency will begin supporting farmers in Guatemala’s western highlands that suffer from periodic drought and rain storms. The Korea International Cooperation Agency (KOICA) and the U.N. Green Climate Fund (GCF) have established plans for 11 projects on climate change and environmental protection and delivered them [...]
CHUNCHEON, March 4 (Korea Bizwire) — The Gangwon Provincial Agricultural Research and Extension Services (GWARES) said Wednesday that it will launch a trial project to distribute biodegradable mulch film to corn and sorghum farms in three areas within the province as part of efforts to reduce soil pollution caused by agricultural waste. Mulch film refers [...]
SEOUL, Feb. 11 (Korea Bizwire) — South Korea has been rolling out intense measures to prevent the spread of the highly pathogenic bird flu, but local farmers have cried foul over what they claim are too excessive. To curb the spread of the virus, the country destroys all birds within a 3-kilometer radius of infected [...]
PLEASANT GROVE, Utah and NAIROBI, Kenya, Oct. 20 (Korea Bizwire) — doTERRA and its supply chain partners have connected with World Bank to improve access to funding for smallholder farmers in Kenya. The project is part of a broader plan called the Kenya Marine Fisheries and Socio-Economic Development Project (KEMFSED) that will support fisheries value [...]
CHANGWON, Oct. 15 (Korea Bizwire) — South Gyeongsang Province is offering artificial intelligence (AI) and big data-based forecasts for prices of various crops to help farmers boost their income. The province introduced the price forecast system last April, the first of its kind in South Korea. The system offers forecasts on the prices of garlic, [...]
SEOUL, June 16 (Korea Bizwire) — One out of two residents of agricultural communities turned out to feel happy with their current life, with young farmers, among others, having the strongest feeling of happiness, a recent survey revealed. The Rural Development Administration revealed on Sunday the results of a survey it conducted from Sept. 1 [...]
SEOUL, April 17 (Korea Bizwire) — 1 in 3 residents of rural regions are more than 70 years old, showing signs of an accelerating aging population, a recent study showed. Statistics Koreas announced Thursday that there are 1.36 million senior residents over 60 years of age living in rural areas, comprising 60.6 percent of the [...]