Govt. buys 370,000 tons of rice to stabilize market price
Oct 22, 2017
The government has started to buy up 370,000 tons of rice harvested this year to stabilize domestic prices of the staple grain, the agriculture ministry said Sunday. It said regional governments have been notified of Seoul's plans to "isolate" rice this year and details related to the purchase. Besides the rice to be bought from growers for the purpose of keeping market prices at certain levels...