Song Mi-ryung: "Doing Our Best for Stable Livestock Supply Ahead of Chuseok"…Beef Supply Up 1.3-Fold, Pork 1.4-Fold

Minister of Agriculture, Food and Rural Affairs Song Mi-ryung visited the National Agricultural Cooperative Federation (NACF) livestock product distribution center in Eumseong-gun, Chungcheongbuk-do, on the morning of today (the 14th) to inspect the supply and demand situation of livestock products.

Minister Song stated, "We will do our utmost to ensure a stable supply of livestock products so that consumers can spend an enjoyable Chuseok holiday," and urged, "As the volume of slaughter operations increases, field workers must also thoroughly manage safety."

In response to the increased consumption during the Chuseok holiday, the government is expanding the supply of beef to 1.3 times and pork to 1.4 times the usual levels.

For eggs, including imported ones, the supply from organizations such as poultry cooperatives will be increased to 2.4 times the usual supply volume.

In addition, leveraging government discount support and producer association checkoff funds, plans are underway to hold discount events of up to 50% for Hanwoo beef and around 20% for pork.

The Ministry of Agriculture, Food and Rural Affairs (MAFRA), along with the NACF and the Chicken Checkoff Management Committee, is also pursuing lower delivery prices for broiler chickens and consumption-boosting discount events.

The government is investing approximately 400 million won to subsidize the costs required to lower the delivery prices of size 8 to 11 whole chickens supplied to distribution companies, including large and mid-sized supermarkets, by more than 1,000 won per chicken.

The delivery price cuts, which have been in effect since last July, will continue through the end of this month.

The Chicken Checkoff Management Committee will additionally inject 210 million won to hold consumption-boosting discount events at regional agricultural and livestock cooperative Hanaro Marts and other locations.

Size 10 whole chickens, which are in high demand, will be sold at a discount of over 20% from the 11th through the 24th, the first day of Chuseok, and a half-price holiday table discount event independently organized by the NACF is also scheduled to run concurrently.

Consumer prices for chicken are showing a downward trend.

As of the 7th, the weekly average consumer price of chicken stood at 5,678 won per kilogram, which was 5.0% lower than the same period last year.

An official from MAFRA stated, "Ahead of Chuseok, the current supply and demand of chicken is being managed stably," and added, "We will closely monitor trends in chicken supply and prices through the end of this month."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.