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Unification ministry: N.K.’s food situation remains serious despite reports on rice prices

Unification ministry: N.K.’s food situation remains serious despite reports on rice prices

South Korea believes that food shortages in North Korea remain serious and the country needs outside assistance, despite media reports that rice prices are dropping there, the unification ministry said Wednesday. Some media reports have claimed that rice prices in North Korean markets have been on the decline recently, suggesting that the country might not […]

S. Korea’s rice production costs increase in 2018

S. Korea’s rice production costs increase in 2018

Rice production costs in South Korea rose 15.2 percent in 2018 from a year earlier, government data showed Tuesday. Farmers spent 796,000 won (US$703) to grow rice on a 1,000-square meter paddy last year, compared with 691,000 won from 2017, according to the data compiled by Statistics Korea. The gross income of rice farmers came […]

No need for Indonesia to import rice in 2012

The Indonesian government does not need to import rice this year as the domestic supply is forecast to be sufficient to meet the country’s rice stockpile target to counter possible impact of global weather phenomenon, Agriculture Minister Suswono Arsyaf said here Friday. Suswono said that bumper rice harvests in the vast archipelago country this year […]

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