Announcement
30 Aug 2023
In August 2023, the South Korean Ministry of Agriculture, Food, and Rural Affairs announced that the Government would purchase 400'000 tonnes of rice from the 2023 harvest to stabilise rice prices and reduce oversupply.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
30 Aug 2023
Revocation date:
31 Dec 2023
Updated: 30 Aug 2023
Price stabilisation
On 30 August 2023, the South Korean Ministry of Agriculture, Food, and Rural Affairs announced that the Government would purchase 400'000 tonnes of rice from the 2023 harve...
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