diff --git a/docs/update.md b/docs/update.md
index 6220c71..8e871c4 100644
--- a/docs/update.md
+++ b/docs/update.md
@@ -1,5 +1,9 @@
 # 업데이트 이력
 
+## v1.3.9
+
+- NAS 마이그레이션: `psql`이 while 루프 stdin을 소비해 001만 처리되던 `migrate-production-db.sh` 버그 수정.
+
 ## v1.3.8
 
 - NAS 마이그레이션: `.env.production`이 없을 때 `.env` 또는 실행 중 DB 컨테이너 환경 변수로 동작하도록 `migrate-production-db.sh` 보정.
diff --git a/package-lock.json b/package-lock.json
index 311b103..2ad66ae 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "sori.studio",
-  "version": "1.3.8",
+  "version": "1.3.9",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "sori.studio",
-      "version": "1.3.8",
+      "version": "1.3.9",
       "hasInstallScript": true,
       "dependencies": {
         "@nuxtjs/tailwindcss": "^6.14.0",
@@ -4439,7 +4439,7 @@
       }
     },
     "node_modules/accepts": {
-      "version": "1.3.8",
+      "version": "1.3.9",
       "resolved": "https://registry.npmjs.org/accepts/-/accepts-1.3.8.tgz",
       "integrity": "sha512-PYAthTa2m2VKxuvSD3DPC/Gy+U+sOA1LAuT8mkmRuvw+NACSaeXEQ+NHcVF7rONl6qcaxV3Uuemwawk+7+SJLw==",
       "license": "MIT",
diff --git a/package.json b/package.json
index 54a87af..e8d31e8 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "sori.studio",
-  "version": "1.3.8",
+  "version": "1.3.9",
   "private": true,
   "type": "module",
   "imports": {
diff --git a/scripts/migrate-production-db.sh b/scripts/migrate-production-db.sh
index 4505a98..8281a5b 100644
--- a/scripts/migrate-production-db.sh
+++ b/scripts/migrate-production-db.sh
@@ -77,8 +77,9 @@ load_db_env_from_container() {
   fi
 }
 
+# psql이 while 루프 stdin을 읽지 않도록 /dev/null 연결
 psql_exec() {
-  compose exec -T "$DB_SERVICE" psql -v ON_ERROR_STOP=1 -U "$POSTGRES_USER" -d "$POSTGRES_DB" "$@"
+  compose exec -T "$DB_SERVICE" psql -v ON_ERROR_STOP=1 -U "$POSTGRES_USER" -d "$POSTGRES_DB" "$@" </dev/null
 }
 
 query_sql() {
@@ -130,18 +131,32 @@ is_applied() {
   [ "$(query_sql "SELECT EXISTS (SELECT 1 FROM $SCHEMA_MIGRATIONS_TABLE WHERE file_name = '$file_name');")" = "t" ]
 }
 
+matches_baseline_target() {
+  file_name=$1
+
+  if [ -z "$BASELINE_TARGET" ]; then
+    return 0
+  fi
+
+  if [ "$file_name" = "$BASELINE_TARGET" ]; then
+    return 0
+  fi
+
+  echo "$file_name" | grep -q "^${BASELINE_TARGET}_"
+}
+
 print_status() {
   if ! has_schema_migrations_table; then
     echo "schema_migrations 테이블이 없습니다."
     echo "기존 운영 DB라면 먼저 sh scripts/migrate-production-db.sh baseline 으로 현재 파일들을 적용 완료로 기록하세요."
 
-    migration_files | while IFS= read -r file_name; do
+    for file_name in $(migration_files); do
       echo "pending $file_name"
     done
     return 0
   fi
 
-  migration_files | while IFS= read -r file_name; do
+  for file_name in $(migration_files); do
     if is_applied "$file_name"; then
       echo "applied $file_name"
     else
@@ -152,18 +167,18 @@ print_status() {
 
 baseline_migrations() {
   ensure_schema_migrations_table
-  found_target=0
+  stop_after_current=0
 
-  migration_files | while IFS= read -r file_name; do
-    if [ -n "$BASELINE_TARGET" ] && [ "$found_target" -eq 1 ]; then
-      continue
+  for file_name in $(migration_files); do
+    if [ "$stop_after_current" -eq 1 ]; then
+      break
     fi
 
     run_sql "INSERT INTO $SCHEMA_MIGRATIONS_TABLE (file_name) VALUES ('$file_name') ON CONFLICT (file_name) DO NOTHING;"
     echo "baseline $file_name"
 
-    if [ -n "$BASELINE_TARGET" ] && { [ "$file_name" = "$BASELINE_TARGET" ] || echo "$file_name" | grep -q "^${BASELINE_TARGET}_"; }; then
-      found_target=1
+    if [ -n "$BASELINE_TARGET" ] && matches_baseline_target "$file_name"; then
+      stop_after_current=1
     fi
   done
 
@@ -186,7 +201,7 @@ migrate_database() {
 
   ensure_schema_migrations_table
 
-  migration_files | while IFS= read -r file_name; do
+  for file_name in $(migration_files); do
     if is_applied "$file_name"; then
       continue
     fi