2024. 4. 12. 08:09ㆍU.S. Economic Stock Market Outlook
The main focus of the tractor market in Korea is 29-44 kW (40~60 PS) and 44-58 kW (40~60 PS). In recent years, the proportion of 74-110 kW (100-150 PS) tractors has increased rapidly, each accounting for about one-third. What is unusual is that the number of tractors in the 50 horsepower range has decreased and the proportion of tractors in the 120 horsepower range has increased. One of the phenomena that emerged is that the proportion of foreigners increases in the case of large tractors.
This shows that there are also major changes in agriculture, and the ratio of consignment work increases. In the case of rice, seedlings and cultivation exceeded 60%, and transplantation exceeded 70 and 80%, respectively. In the case of small farmers, who account for most of the farms in Korea, it can be seen that they are generally entrusted.
The enlargement of agricultural machinery means that the number of entrusted farmers has increased compared to self-employed farmers - that is, the proportion of farmers purchasing agricultural work services has increased, and rice farming will rapidly scale. This is a fact that you do not have to look at this data.
This is bad news for Korean agricultural machinery companies, because the more agricultural work consignment increases, the more important the reliability and robustness of agricultural machinery becomes. If the agricultural machinery used for about a month breaks down, the agricultural machinery operator has to wash his fingers that year. Considering the high price of agricultural machinery, it is bound to be a huge blow. This is one reason why foreign agricultural machinery is making progress.
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Then, what effect will our policy of keeping rice prices above a certain level in this situation generate? It can be seen from the perspective of changes in farm structure and agricultural machinery market, and it can even predict what will happen in rural areas. There are people and cancer. You make a choice either way, and the result will have an impact for decades. Looking at Korea these days, I am worried that young people do not seem to be able to use any energy in the intergenerational competition. It is the same in other areas, and more in rural areas. You can't just enjoy winning...