Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Reality check: N. Korea’s agricultural mechanization vs. rising hand tool costs
    Commodities

    Reality check: N. Korea’s agricultural mechanization vs. rising hand tool costs

    May 29, 20253 Mins Read


    North Korea’s Rodong Sinmun newspaper reported on Sept. 25, 2022, that a ceremony for conveying farm machines sent to South Hwanghae province by North Korean leader Kim Jong Un took place at Haeju Square. (Rodong Sinmun, News1)

    Despite North Korea’s repeated emphasis on agricultural mechanization, farmers continue to depend on basic hand tools like shovels, hoes, pickaxes and sickles. With rice planting season underway, farm tool prices are surging due to high demand, adding financial strain on farmers.

    A Daily NK source in North Pyongan province reported recently that farm implement prices had jumped as much as 33% by May compared to early 2025, varying by item.

    Domestically-made shovels climbed 33% from 6,000 to 8,000 North Korean won, while hoes and sickles increased about 20% from 2,500 to 3,000 won. Chinese-made shovels rose roughly 11%, from 11,500 to 12,800 won.

    The following graph shows price changes for major farm tools in Sinuiju, North Pyongan province.

    tools, farming, farms, agriculture

    “Prices always go up during farming season, but this year demand for farm tools in agricultural areas has been especially strong, with prices starting to spike in March,” the source explained.

    This reality stands in sharp contrast to Kim Jong Un’s “agricultural modernization” policies, which promote farm equipment delivery and model mechanized farms. In practice, however, actual farm machinery provision remains inadequate. A single cultivator costs around $1,500, making it unaffordable even for collective farms, leaving farmers “100% dependent” on simple hand tools, as they put it.

    Purchasing farm tools isn’t difficult—domestic steelworks mass-produce them for farming seasons, ensuring adequate supply. But rising demand drives up prices, and high-quality Chinese tools, which are scarce, sell out quickly.

    Farmers call for production improvements

    Farmers have shown mixed reactions to these conditions. Since Kim Jong Un introduced the bunjo management system, which allows farmers to keep agricultural surpluses, they’ve become more willing to invest in fertilizers and equipment. Still, many complain that farming communities “continue to suffer the most.”

    Most farmers believe they need “tools they can use immediately rather than expensive machines.” Some argue that in the long run, “meaningful production improvements will only happen when farmers can work independently as individuals, not as state entities.”

    North Korea has consistently prioritized boosting agricultural output since 2022, making rural prosperity a key state objective. However, the gap between official rhetoric and ground-level reality remains wide, with farmers facing ongoing challenges from inefficient production methods and systemic constraints.

    Read in Korean



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Barrières en métal, parpaings, pierres… une quarantaine d’individus piègent des policiers qui intervenaient pour un vol de moto

    Commodities

    La lente construction d’un barrage en Côte d’Ivoire, entre ambitions énergétiques et désillusions

    Commodities

    FEQ : puissant et provoquant Slayer | Radio-Canada

    Commodities

    une tendance haussière qui confirme son rôle d’amortisseur de crise

    Commodities

    Davis Commodities conçoit une plateforme pour le règlement des produits agricoles via la blockchain

    Commodities

    Davis Commodities étudie la tokenisation du commerce agricole alors que le cadre réglementaire des stablecoins progresse aux États-Unis

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Could Bitcoin Replace the Dollar and Become the Global Reserve Currency?

    Commodities

    India’s female agricultural labour force has swelled – invisibly

    Cryptocurrency

    Cryptocurrency and Cash Seizure in Gujarat Waqf Property Scam

    Editors Picks

    Haliey “Hawk Tuah” Welch Finally Broke Her Silence On That Cryptocurrency Scandal

    May 5, 2025

    Commodity farmers can apply for emergency economic relief

    March 25, 2025

    5 Low-Volatility Dividend Stocks Yielding Up To 11.1%

    May 3, 2025

    GCA Partners with the African Development Bank to Strengthen Climate Resilience in South Sudan’s Agricultural Sector

    July 18, 2024
    What's Hot

    Gold climbs Rs 1,080 to Rs 96,800/10 gm, silver jumps Rs 1,600 – ThePrint – PTIFeed

    May 2, 2025

    pour recycler le métal, Paprec ouvre un nouveau site à Saint-Pierre-des-Corps

    June 16, 2025

    Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock

    February 18, 2025
    Our Picks

    USA wins first gold, results, medal count

    July 27, 2024

    Hellfest 2025 : 5 groupes à voir cet été sur la scène Altar

    June 8, 2025

    Trump pledges to sack SEC chief at Bitcoin bash

    July 28, 2024
    Weekly Top

    Neighbor installs 3 cameras, says it is to monitor his property but after complaints and investigations, the truth is discovered

    July 12, 2025

    Touly et Fassio confirment leur statut et filent en demi-finale du FIP Silver Côte du Midi

    July 12, 2025

    Barrières en métal, parpaings, pierres… une quarantaine d’individus piègent des policiers qui intervenaient pour un vol de moto

    July 12, 2025
    Editor's Pick

    Switzerland Approves GNU Taler For Digital Payments

    May 24, 2025

    Real Estate Credit Investments Limited annonce le versement d’un dividende

    June 25, 2025

    Utility Bills to Pay for More Green Energy and Equity

    October 27, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.