Wholesale of Korean Beef Plunges to 130,000 Won per kg

(1)Wholesale price of Korean beef up to 130,000 won per kg
(2)Please quarantine at least 20,000 won
(3)Input 20240124 AM 555
(4)Correction 20240124 AM 556 Articles
(5)Reporter Lim Yong-woo
(6)one family
(7)274 ↓ production cost compared to the five-year average due to oversupply
(8)lower than
(9)The government continues to push for measures to promote consumption in the market

(1)According to the Korea Livestock Quality Evaluation Institute and the National Korean Beef Association on the 24th
(2)As of the 19th, the wholesale price of Korean beef was 13,828 won per kg, 274 won lower than the average of 19,037 won in the last five years and January
(3)The drop in the price of Korean beef is due to a significant increase in the supply of Korean beef
(4)Last year, the number of Korean beef slaughtered was estimated to be 943,000, an increase of 85 from the previous year Moreover, the number of slaughtered animals is expected to increase by 33 from last year to 975,000 this year
(5)The Korean beef industry complains that prices continue to fall and fall short of production costs for years