Politics · South Korea · 2 hrs ago
Jeongseon plans to cut farm price-support threshold from 10 days to 5
Jeongseon County in South Korea plans to broaden support for farmers facing sharp drops in crop prices.
Under the current rule, a crop’s market price must stay at or below its minimum price for at least 10 days for farmers to qualify for support covering the difference.
The county wants to cut that period to five days, so farmers hit by brief price slumps can qualify.
The change is part of a planned revision to the county’s agricultural minimum-price support ordinance.
If adopted, it would apply to produce shipped from Jan.
1, 2026, including shipments already made this year.
The county says it will monitor prices and crop supply as it works to maintain stable support.
Jeongseon County plans to amend its farm price-support rules, shortening the qualifying period for low prices from 10 days to five.
The change is intended to help farmers whose produce prices fall sharply over a short period.
The county says the revised support criteria would apply retroactively to produce shipped from Jan. 1, 2026.
The county announced the plan on Oct. 29.
- Who
- Jeongseon County in Gangwon Province.
- What
- It plans to amend its agricultural minimum-price support rules, reducing the qualifying period from 10 days to five.
- When
- The plan was announced on Oct. 29, 2026. The proposed change would apply to produce shipped from Jan. 1, 2026.
- Where
- Jeongseon County, Gangwon Province, South Korea.
- Why
- The county says the current 10-day requirement can leave farmers without timely support when prices plunge over a shorter period.
This story does not have two clearly opposing sides.
The proposed revised support criteria would apply to produce shipped from this date.
Jeongseon County announced that it would pursue an amendment to its agricultural minimum-price support ordinance.
- Current qualifying period
- Prices at or below the minimum for at least 10 days
- Proposed qualifying period
- Prices at or below the minimum for at least 5 days
- Retroactive coverage
- Produce shipped from Jan. 1, 2026
- County
- Jeongseon, Gangwon Province
- Announced
- Oct. 29, 2026
1 source
What people are saying
Agricultural prices can fluctuate sharply even over a short period depending on weather conditions and market conditions.
Through this ordinance, we will do our utmost to broaden the scope of damage relief and enable farmers to focus on farming with peace of mind.