Metro News A LOCAL brand has become the first in the country to introduce rice specially crafted for Korean dishes. With K-pop and Korean culture continuing to captivate Malaysians, Jasmine Food Corporation launched Jasmine Oppa Rice which delivered the true taste of Korea. Its soft, fluffy and slightly chewy texture perfectly complemented Korean favourites like […]
By Oh Gwui-hwan The retail price of rice has surged nearly 30% from a year ago, topping 270,000 won per sack. According to the Korea Agro-Fisheries & Food Trade Corporation (aT) on the 4th, the average retail price of rice surpassed 68,000 won per 20 kilograms on the 2nd. At 68,435 won per 20 kilograms, […]
Korea’s rice output is projected to fall for the fourth consecutive year in 2025, primarily due to a record low cultivation area, data showed on Thursday.Rice production is expected to fall 0.3 percent on year, or 1.1 tons, to 3.57 million tons this year, according to data compiled by the Ministry of Data and Statistics. […]
By Lee Ho-jun 1st, Seochon in Jongno District, Seoul. With Chuseok approaching, the alleys were crowded with people, but only the rice cake shop was quiet. In past years, packing boxes were piled high or the display case was crammed with songpyeon, but this year it was empty. There was no smell of rice cakes […]
Government Launches Nationwide Discount Events to Stabilize Rising Holiday Costs. By Kim Ji-seop, Jung Seok-woo With Chuseok approaching on the 6th, major food ingredient prices have surged significantly, raising alarms for preparing ancestral rites tables. Rice and glutinous rice prices have jumped over 30% compared to last year’s Chuseok, causing fluctuations in prices for rice […]
By Yonhap The agriculture ministry said Friday it will supply an additional 25,000 tons of rice from its reserves of the staple grain to help stabilize soaring prices sparked by a supply shortage. The decision came as the producer price of a 40-kilogram bag of rice surpassed 220,000 won ($158) for the first time in […]
Rice prices in Korea are climbing sharply, defying expectations in a time of low inflation. The cost of a 20-kilogram sack — commonly sold in supermarkets — has surpassed the psychological threshold of 60,000 won, up 17.2 percent from last year and 14 percent above the average. In some regions, prices have reached 70,000 to […]
SEOUL, SOUTH KOREA – On August 11, a group of U.S. rice exporters met in person and virtually with Korean importers regarding U.S. rice supply, quality, and the potential outlook for 2025 U.S. rice export sales to Korea. In addition, participants discussed the current regulatory framework in Korea that governs domestic and imported rice sales […]
PAJU, SOUTH KOREA – Farm minister Shinjiro Koizumi visited a rice field in a suburb of Seoul on Sunday to inspect the local rice farming situation. During the inspection in Paju, Gyeonggi Province, Koizumi received explanations from a rice farmer on market price trends and measures to combat high temperatures and pests. Speaking to reporters, […]
Government unveils new strategy to aid rice supply amidst looming crisis. By Yun Hee-hun With the rice shortage phenomenon emerging in the market ahead of this year’s harvest season, the government is implementing rice lending for the first time. Until now, the government had adjusted supply by releasing rice when there was a shortage and […]
