Korean government announces the 2015 rice purchasing price for public stockholdings

2016.01.25

On January 13, 2016, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced the 2015 rice purchasing price for public stockholdings: 52,270 Won (Korean currency) per 1 bag(40kg) based on 1st grade of paddy rice. It is an average price of harvest season in production area during October to December, 2015.

Source: http://www.mafra.go.kr/list.jsp?&newsid=155447619§ion_id=b_sec_1&pageNo=3&year=2016&listcnt=10&board_kind=C&board_skin_id=C3&depth=1&division=B&group_id=3&menu_id=1125&reference=2&parent_code=3&popup_yn=N&tab_yn=N

(Searched and summarized by Dr. Jeong-bin Im)

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