농업 및 식품 insights

The export duty rate on wheat from Russia as of October 22 is 99.1 rubles per tonne, down from 318.6 rubles a week earlier, according to the Ministry of Agriculture. Thus, it has decreased threefold. The duty rates on barley and corn remain at zero. The rates were calculated based on indicative prices: $225.5 per tonne for wheat ($225.4 for the previous period), $193.6 for barley ($196.5), and $215.7 for corn ($216.4). These rates will be in effect until October 28 inclusive. The Russian Federation introduced the grain damper mechanism on June 2, 2021. It provides for floating duties on the export of wheat, corn, and barley and the return of funds received from them to subsidize agricultural producers. The size of the duties is calculated weekly based on indicators based on the prices ...

(Hongcheon=Yonhap News) Reporter Im Bo-yeon = Hongcheon County has newly introduced a special premium gift for the Hometown Love Donation Program, which can only be used during the 21st Hongcheon Wagyu Beef Festival from the 22nd to the 26th. This gift is a 30,000 won discount voucher for meat sales at the Hongcheon Wagyu Beef Festival, which can be used like cash at three beef sales booths within the festival grounds. Visitors can either take the meat home or grill it on the spot, which is expected to enhance the enjoyment of the festival. Hongcheon County plans to provide visitors to the festival with real benefits through this gift, offering a special festival experience of "giving and enjoying Wagyu beef." The participation method is simple. Donate 100,000 won or more to Hongcheon County through the Hometown Love e-money website, and select the meat sales voucher (issued on-site) at the gift mall. After receiving the physical ticket at the Hometown Love Donation Program promotion booth (general and public booth 1) within the festival grounds, it can be used immediately. Detailed information can be found by searching for "Hongcheon Wagyu Beef Festival" on the Hometown Love e-money website. Additionally, Hongcheon County has also prepared a special event to commemorate the release of this gift, giving away 4 kg of Hongcheon premium rice "Eosajinmi" to the first 100 donors at the festival site. Jo Jeong-ok, the tax and accounting manager of the county, said on the 22nd, "We have prepared a special gift so that donors can enjoy Wagyu beef deliciously while feeling the meaning of hometown love together," and "We hope for many participants in this practical event where you can enjoy Wagyu beef, premium rice, and tax deductions all at once." limbo@yna.co.kr

Non-GMO soy food beans production remained stable over the past year in the United States, continuing to account for most non-GMO soybean acres across the country, according to a report from the US Soybean Export Council (USSEC). In 2025, growers planted 2.22 million acres of non-GMO soybeans designated for food use, with 1.67 million acres