Asia

TACKLING OVERSUPPLY Farmer Park Geun Sik spent his life working the land in Haenam, a farming town in South Jeolla province, about 330km south of Seoul. When he started, everything from planting seedlings to threshing rice was done by hand. Rice was so scarce that there were designated no-rice days banning its sale. Then, machines arrived and high-yield rice varieties were introduced as South Korea embarked on a drive for self-sufficiency. Like most farmers in South Korea, Park is a member of the National Agricultural Cooperative Federation Nonghyup.  Nonghyup buys rice directly from farmers, then handles everything from drying and…

2025 © Prices.com LLC. All Rights Reserved.