To Rebound the Seed Industry… “Securing a Stable R&D Budget is the Top Priority”

Korea Farmers & Fishermen Newspaper한국농어민신문

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After the end of GSP, stagnation at approximately 59 billion won. Small enterprises face difficulties with self-investment. Seed company breeding performance deteriorates. Performance companies: 28% in 2017 → 13% in 2024. Voices calling for urgent securing of seed R&D budgets to strengthen the competitiveness of Korea's seed industry are gaining strength. The argument is that stable government support is needed to secure future growth drivers for the seed industry, such as introducing digital breeding technology and developing new varieties adapted to climate change.

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