By Oh Gwui-hwan The retail price of rice has surged nearly 30% from a year ago, topping 270,000 won per sack. According to the Korea Agro-Fisheries & Food Trade Corporation
Korea’s rice output is projected to fall for the fourth consecutive year in 2025, primarily due to a record low cultivation area, data showed on Thursday.Rice production is
By Lee Ho-jun 1st, Seochon in Jongno District, Seoul. With Chuseok approaching, the alleys were crowded with people, but only the rice cake shop was quiet. In past years, packing
Government Launches Nationwide Discount Events to Stabilize Rising Holiday Costs. By Kim Ji-seop, Jung Seok-woo With Chuseok approaching on the 6th, major food ingredient prices
By Yonhap The agriculture ministry said Friday it will supply an additional 25,000 tons of rice from its reserves of the staple grain to help stabilize soaring prices sparked by
Rice prices in Korea are climbing sharply, defying expectations in a time of low inflation. The cost of a 20-kilogram sack — commonly sold in supermarkets — has surpassed the
SEOUL, SOUTH KOREA – On August 11, a group of U.S. rice exporters met in person and virtually with Korean importers regarding U.S. rice supply, quality, and the potential
PAJU, SOUTH KOREA – Farm minister Shinjiro Koizumi visited a rice field in a suburb of Seoul on Sunday to inspect the local rice farming situation. During the inspection in
Government unveils new strategy to aid rice supply amidst looming crisis. By Yun Hee-hun With the rice shortage phenomenon emerging in the market ahead of this year’s
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