Park Jiwon, Agriculture Ministry Reach 'Agreement' to Remove 40,000 Tons from Market... "Prevent Winter Cabbage Price Collapse"

Government to immediately purchase 10,000 tons and suspend shipments of 30,000 tons
Talks with Minister Song Miryeong reach agreement... Target wholesale price: "7,500 won per net"
Easing worries for farmers in Haenam, Wando and Jindo, which produce 80% of the nation's winter cabbage

With concerns growing over a sharp drop in winter cabbage prices due to overproduction, the government is moving to contain the situation by proactively purchasing a total of 40,000 tons of cabbage and removing it from the market.

Assemblyman Park Jiwon of the Democratic Party of Korea, who represents Haenam, Wando and Jindo in South Jeolla Province, said on November 11 that he had reached a final agreement with Minister of Agriculture, Food and Rural Affairs Song Miryeong at the National Assembly on the "Measures to Stabilize Cabbage Supply and Demand and Protect Farm Household Income."

Rep. Park Jiwon and Minister of Agriculture, Food and Rural Affairs Song Miryeong reached a final agreement at the National Assembly on measures to stabilize cabbage supply and demand and protect farm income. Provided by Rep. Park Jiwon's office.

The measures were drawn up to ease the burden on farmers in Haenam, Wando and Jindo, the country's largest cabbage-producing region, which accounts for 35% of national cabbage production and 80% of winter cabbage production, and to ensure they receive a fair income.

According to Assemblyman Park, to immediately address supply-and-demand instability, the government will implement the following measures: purchase and stockpile 10,000 tons of cabbage, and proactively remove 30,000 tons from the market by suspending shipments. The government also agreed to assess market conditions during November and, if necessary, carry out a second round of purchases and stockpiling, as well as additional market removals.

Cabbage farmers and the Ministry of Agriculture, Food and Rural Affairs initially disagreed over the volume to be removed from the market and purchased for stockpiling. However, after consultations with Assemblyman Park's office, they reached a dramatic agreement to pursue a second round of measures depending on conditions after the first round is implemented.

At the meeting, Assemblyman Park also proposed a target wholesale price of 7,500 won per net of cabbage to ensure farmers receive meaningful income support. Minister Song responded that she would "do her utmost," and agreed to continue consultations while closely monitoring the measures' impact.

Assemblyman Park said, "I will continue working to ensure that today's measures are properly reflected in the market and that prices are set in line with farmers' hopes." He added, "I thank Minister Song Miryeong and other ministry officials for their proactive administrative efforts and for substantially addressing the needs of people on the ground."

This content was produced with the assistance of AI translation services.