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Cooperatives around the world

NACF story : agricultural business

30 May 2025

Description

This episode details the expansion of the NationalAgricultural Cooperative Federation (NACF) in South Korea during the1980s. Key initiatives included boosting joint agriculturalproduct shipments to improve farmers' bargaining power and expanding ricesales. Significant efforts were made to improve thedistribution of fertilizer and pesticides, making them more accessible andaffordable for farmers. Furthermore, the NACF expanded its retail presencethrough supermarkets and improved the supply of agricultural machinery andfuel. These measures aimed to stabilize agricultural markets,increase farmers' incomes, and modernize South Korean agriculture.

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