Cap on livestock culling compensation raised to 90% of appraised value

Korea Farmers & Fishermen Newspaper한국농어민신문

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The ceiling for ‘livestock disposal compensation’ (culling compensation), received when livestock are disposed of due to disease, will be raised from 80% to 90% of the assessed value of the livestock. In addition, livestock disposal compensation of up to 100% of the assessed value will be paid to farms that are the first to report major infectious livestock diseases, such as Foot-and-Mouth Disease, Avian Influenza, or African Swine Fever, at the city, county, or district level. The Ministry of Agriculture, Food and Rural Affairs [announced] the revised ‘Prevention of Infectious Livestock Diseases…’ which centers on raising the payment ceiling for livestock disposal compensation and strengthening border quarantine and on-site disease control systems.

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