The government has announced that imported fresh eggs will be sold for 4,980 won per tray. The use of agricultural discount vouchers will be expanded to include not only traditional markets but also general retail stores, enhancing consumer convenience.
On July 13, the Ministry of Agriculture, Food and Rural Affairs held the 'Third Summer Agricultural and Livestock Supply Stabilization Task Force Meeting' at the Government Sejong City Hall, in collaboration with the Rural Development Administration, National Agricultural Cooperative Federation, and Korea Agro-Fisheries & Food Trade Corporation (aT).
The ministry plans to prioritize the supply of 10 million of the 200 million imported fresh eggs to retailers such as E-Mart, Lotte Mart, and the Bakery Association this week, with a plan to supply an additional 20 million eggs weekly thereafter. The price for a tray of imported fresh eggs (30 large eggs) will be reduced from 5,890 won to 4,980 won.
To further alleviate consumer prices, discount support will be implemented. Agricultural discount vouchers, sold at a 30% discount, will be issued starting July 20 at a scale of 20 billion won per month. From July 20 to 26, these vouchers will be available for seniors aged 65 and older, and from July 27 to August 2, they will be available to the general public. A discount event for all agricultural and livestock products will also be held in collaboration with major retailers until September 2.
During the meeting, the impact of the rainy season on agricultural products was also assessed. So far, damage to crop yields from the rainy season has been minimal. However, the ministry expressed concerns about potential pest outbreaks and will enhance growth management through the provision of nutrients and pesticides. Continuous monitoring of production areas will be conducted to respond proactively to any unusual occurrences.
The meeting also reviewed livestock prices. Despite high prices due to livestock infectious diseases, supply conditions for various products are gradually improving. The increase in wholesale market shipments of pork, driven by expanded shipment incentives, is expected to lead to a decrease in wholesale prices, which will eventually be reflected in retail prices. Chicken prices have also dropped compared to the previous week due to improved supply conditions from the import of broiler eggs.
Kim Jong-gu, Deputy Minister of Agriculture, Food and Rural Affairs, stated, "During the summer, the supply and demand situation for agricultural and livestock products can change rapidly due to weather conditions such as heavy rain and heat waves. We will closely monitor production trends and respond proactively. We will also ensure the smooth implementation of measures to stabilize prices through the expansion of fresh egg supply and large-scale discount events."
On July 13, the Ministry of Agriculture, Food and Rural Affairs held the 'Third Summer Agricultural and Livestock Supply Stabilization Task Force Meeting' at the Government Sejong City Hall, in collaboration with the Rural Development Administration, National Agricultural Cooperative Federation, and Korea Agro-Fisheries & Food Trade Corporation (aT).
The ministry plans to prioritize the supply of 10 million of the 200 million imported fresh eggs to retailers such as E-Mart, Lotte Mart, and the Bakery Association this week, with a plan to supply an additional 20 million eggs weekly thereafter. The price for a tray of imported fresh eggs (30 large eggs) will be reduced from 5,890 won to 4,980 won.
To further alleviate consumer prices, discount support will be implemented. Agricultural discount vouchers, sold at a 30% discount, will be issued starting July 20 at a scale of 20 billion won per month. From July 20 to 26, these vouchers will be available for seniors aged 65 and older, and from July 27 to August 2, they will be available to the general public. A discount event for all agricultural and livestock products will also be held in collaboration with major retailers until September 2.
During the meeting, the impact of the rainy season on agricultural products was also assessed. So far, damage to crop yields from the rainy season has been minimal. However, the ministry expressed concerns about potential pest outbreaks and will enhance growth management through the provision of nutrients and pesticides. Continuous monitoring of production areas will be conducted to respond proactively to any unusual occurrences.
The meeting also reviewed livestock prices. Despite high prices due to livestock infectious diseases, supply conditions for various products are gradually improving. The increase in wholesale market shipments of pork, driven by expanded shipment incentives, is expected to lead to a decrease in wholesale prices, which will eventually be reflected in retail prices. Chicken prices have also dropped compared to the previous week due to improved supply conditions from the import of broiler eggs.
Kim Jong-gu, Deputy Minister of Agriculture, Food and Rural Affairs, stated, "During the summer, the supply and demand situation for agricultural and livestock products can change rapidly due to weather conditions such as heavy rain and heat waves. We will closely monitor production trends and respond proactively. We will also ensure the smooth implementation of measures to stabilize prices through the expansion of fresh egg supply and large-scale discount events."
* This article has been translated by AI.
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