rice farmers Archives | Be Korea-savvy

Rice Farmers’ Net Income Hits 20-year High in 2021

SEOUL, March 30 (Korea Bizwire) — Rice farmers in South Korea posted the largest net profit in 20 years in 2021 thanks mainly to favorable weather conditions, data showed Wednesday. Rice farmers’ net income reached some 502,000 won (US$414.2) per 1,000-square-meter paddy last year, up 13.4 percent from a year earlier, according to the data [...]

Farmers Rally in Seoul to Push Gov’t for Higher Rice Prices

SEOUL, Nov. 23 (Korea Bizwire) — Rice farmers held a rally in Seoul’s Yeouido financial district to call for a rise in rice prices. Approximately 500 farmers gathered in front of the Export-Import Bank of Korea’s head office in Yeouido yesterday and asked that the government set the target price for 80 kilograms of rice [...]