Nonghyup to Invest 300 Billion Won Amid Heatwave and Drought

By Kwon,sung jin Posted : August 9, 2026, 15:52 Updated : August 9, 2026, 15:52
As heatwaves and droughts persist across the country, Nonghyup has decided to urgently allocate 300 billion won in disaster funds. The organization aims to respond comprehensively to prevent damage to crops and livestock and to protect farmers from heat-related illnesses.

According to Nonghyup on August 9, the organization will provide 300 billion won in disaster funds to support farmers affected by the heat and drought. Emergency watering support will be provided to 3,693 vulnerable farms through 110 local agricultural cooperatives, and the supply of agricultural and livestock materials will be increased.

Support will also be provided to prevent sunburn damage to crops and to combat pests and diseases. Utilizing 1.7 billion won from the supply stabilization fund, Nonghyup will promote discounts on agricultural chemicals and shade materials. Additionally, to minimize damage to livestock, customized support worth 400 million won will be offered, including the installation of heat reduction facilities and the supply of nutritional feed.

Welfare support for preventing heat-related illnesses among farmers will also be strengthened. A total of 5,927 cooling centers will be operated nationwide to provide rest areas and drinking water, along with the distribution of 320,000 neck coolers, 1 million fans, 1 million onion juice packs, and 200,000 heat safety guideline pamphlets. Furthermore, promotional efforts for heat prevention are being conducted using digital signage at agricultural cooperatives and bank branches across the country.

Nonghyup Chairman Kang Ho-dong visited Gimhae in South Gyeongsang Province on August 7 to assess the damage to agricultural land and reservoirs. Gimhae has been experiencing crop damage, particularly to sweet persimmons and rice, due to low cumulative rainfall and reservoir levels. Chairman Kang delivered 40 irrigation devices, including pumps, along with 100 disaster relief kits and bottled water.

Chairman Kang emphasized, "As record heat and drought continue, the difficulties faced by farmers are greater than ever. Nonghyup will concentrate all its efforts to minimize damage to farmers and ensure their health and safety through the 300 billion won emergency disaster fund and the operation of cooling centers."

In the past year, Nonghyup provided 800 billion won in disaster funds and 11 billion won in donations during disasters such as wildfires, floods, and heatwaves. Additionally, over 17,000 employees participated in volunteer activities to support the rapid resumption of farming for affected farmers.




* This article has been translated by AI.

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