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According to South Korea's "Edaily" report on March 15, South Korea's Ministry of Agriculture, Forestry, Livestock and Food said on the 15th that it will formulate and promote a domestic wheat reserve plan in 2022
.
The South Korean government will significantly increase wheat reserves this year to ensure food security , and will also promote a plan to increase wheat self-sufficiency
.
The Korean government's wheat reserves increased from 8,410 tons last year to 14,000 tons this year.
In order to shorten the preparation time for pre-quality inspections, reduce the burden of farmers' wheat storage and management, and reduce the quality of wheat caused by the rainy season, the procurement time was advanced from the end of July to June.
.
This year's purchases are mainly four varieties of King Kong, New King Kong, Landscaping and Baigang planted by wheat producers
.
The purchase price is the same as the market selling price, at 39,000 won per 40 kg (generally good grade)
.
The Ministry of Agriculture, Forestry, Livestock and Food of the Republic of Korea stated that the recent increase in international food prices has made the stability of supply and demand of food crops and food security more important.
Provide necessary institutional and financial support
.
.
The South Korean government will significantly increase wheat reserves this year to ensure food security , and will also promote a plan to increase wheat self-sufficiency
.
The Korean government's wheat reserves increased from 8,410 tons last year to 14,000 tons this year.
In order to shorten the preparation time for pre-quality inspections, reduce the burden of farmers' wheat storage and management, and reduce the quality of wheat caused by the rainy season, the procurement time was advanced from the end of July to June.
.
This year's purchases are mainly four varieties of King Kong, New King Kong, Landscaping and Baigang planted by wheat producers
.
The purchase price is the same as the market selling price, at 39,000 won per 40 kg (generally good grade)
.
The Ministry of Agriculture, Forestry, Livestock and Food of the Republic of Korea stated that the recent increase in international food prices has made the stability of supply and demand of food crops and food security more important.
Provide necessary institutional and financial support
.