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August 28, 2019
Korea will continue to expand its cattle inventories and consume more domestic and imported beef during the remainder of 2019 and into 2020.
March 11, 2019
Higher fed cattle prices in Korea last year encouraged a herd expansion that raises questions about the continued profitability of the industry in 2019.
October 8, 2018
Korea’s cattle and hog herds will continue to grow next year, driving beef and pork production.
April 16, 2018
South Korea is the United States’ second largest beef market by value, a remarkable turnaround from the market closure in late 2003.
March 20, 2018
The Korean government revised official cattle inventory statistics going back to the end of 2014.
January 19, 2018
Updates on certificates for shell eggs and egg products, temperatures of egg products and document requirements for processed food products to be exempt from mandatory biotech labeling requirements.
December 19, 2017
Several categories of U.S. food and agricultural exports to South Korea saw significant growth in fiscal year 2017 (Oct/Sept).
October 11, 2017
Korean beef production will increase slightly in 2018, supported by calf production that is marginally higher than previously forecast.
April 3, 2017
Despite high domestic cattle and beef prices, Post forecasts Korea’s cattle calf crop to see its 3rd consecutive decline.
January 11, 2017
The Ministry of Food & Drug Safety (MFDS) implemented the Special Act on Safety Management of Imported Food (hereinafter referred to as the Special Act) on February 4, 2016.
December 16, 2016
Despite high domestic cattle and beef prices, Post forecasts Korea’s cattle calf crop to see its third consecutive yearly decline in 2017.
September 22, 2016
Despite high domestic cattle and beef prices, Post forecasts Korea’s cattle calf crop to see its 3rd consecutive decline.
March 18, 2016
In 2015, consumption of domestic beef declined while imports of more competitively priced beef imports increased.
September 25, 2015
Korea’s production of beef is expected to decrease in 2015 and 2016 due to reduced cattle supplies. At the same time consumption will increase slightly allowing for greater imports including U.S. beef
May 11, 2015
he Korea-Canada Free Trade Agreement entered into effect on January 1, 2015. Korea’s total trade volume with Canada amounted to 10 billion U.S. dollars in 2014.
April 27, 2015
Consumption of U.S. beef continues to gradually rise as consumer confidence in its safety goes up, however it’s less competitive due to higher prices and stiff competition.
March 26, 2015
The Korean government has expended considerable resources in an effort to contain Foot & Mouth Disease (FMD) in swine and cattle as well as High Pathogen Avian Influenza (HPAI) in poultry farms.
February 11, 2015
U.S. exports to the Republic of Korea (ROK) for Consumer Oriented products finished the year at a record high based on data through December 2014 at $3.5 Billion.
August 14, 2014
Domestic beef production fell in 2014 while imported beef increased to make up the shortfall.