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Hwaseong City to Purchase 3,545 Tons of 2013-Vintage Public Reserve Rice

Advance Payment Set at 55,000 Won per 40kg Bag for Grade 1 Dried Rice
Hwaseong City will begin purchasing 3,545 tons of 2013-vintage public reserve rice (88,641 bags/40kg) starting from the 7th of this month.

The public reserve rice purchase is a system in which the government stockpiles a certain volume of grain in preparation for food crises caused by natural disasters and other factors.

The purchase period for unmilled rice runs from the 7th through November 7, while dried rice will be purchased from November 12 through November 30. The purchase volume represents a 25% increase compared to last year's acquisition results.

The public reserve rice varieties are Samgwang, Chucheong, and Chilbo, totaling three varieties. Unmilled rice harvested directly from farms will be purchased by RPC facilities—Daehan Nongsan, Dokjeong, and Hwaseong Nongsan—on a district-by-district basis, while dried rice processed and cleaned by farmers will be purchased at two warehouse locations: Gyeonggi Warehouse and Daehan Warehouse.

The city will provide advance payment upon rice purchase and plans to conduct a settlement in January of next year based on the results of investigations into farm-gate rice prices during the harvest season (October to December). This year's advance payment rates on dried rice basis are as follows: 56,820 won for premium grade, 55,000 won for grade 1, 52,560 won for grade 2, and 46,780 won for grade 3.

Officials in the Agricultural Administration Division urged farmers to maintain moisture content at 15% or below when drying to receive higher grades, and reminded farming households to confirm the purchase schedules and locations in advance, as the purchase schedules for unmilled rice and dried rice differ.
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