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July 19, 2019
Elevated food safety concerns coupled with evolved taste of the South Korean consumers generate increased demand for imported organic foods.
July 10, 2019
Strong consumer demand for value, quality, convenience, and diversity generates increased demand for imported agricultural products in the Korean retail industry.
July 9, 2019
On April 30, 2019, U.S. Embassy Seoul’s Office of Agricultural Affairs, the U.S. Grains Council (USGC) Korea office, and the Korea Biofuels Forum (KBF) jointly hosted the 2019 Seoul Fuel Ethanol....
July 5, 2019
The 2019/20 Marketing Year rice production forecast is unchanged from the previous report at 3.88 million metric tons (MMT), as price supports offset the government’s attempts to reduce rice paddy....
April 24, 2019
Korea relies heavily on imports to fulfill its food and agricultural needs. Korea maintains a strong food processing industry that manufactures a wide variety of food and beverage products.
April 16, 2019
U.S. oranges coming into Korea from September 1- February 28 do so under a Tariff Rate Quota (TRQ) negotiated under the Korea-U.S. Free Trade Agreement (KORUS).
April 5, 2019
Although Korea’s production of barley increased 38 percent in 2018, production and consumption of barley are expected to remain fairly constant over the next few years.
April 4, 2019
MY 2019/2020 wheat production will remain negligible at 25,000 metric tons (MT), while wheat consumption is anticipated to grow slightly to 3.85 million MT (MMT). MY 2019/2020 corn consumption....
March 27, 2019
The Agriculture, Food, Rural Affairs, Oceans & Fisheries Committee of the National Assembly has recommended the government raise the target price for local rice (2019 crop).
March 22, 2019
Section updated: Section I, II, III, V, VI, VII, VIII and IX and Appendix I and II.
March 12, 2019
With a slight increase in projected acreage due to the government-run rice area reduction program, soybean production is expected to rise slightly to 92,000 metric tons (MT) in Marketing Year....
March 11, 2019
There are no FAS endorsed trade shows planned in South Africa in 2019, however we are happy to share contact information for the upcoming shows to inform U.S. exporters in the food and beverage....
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.
February 27, 2019
Despite the challenging economic environment, Korea’s wine imports in 2018 totaled a record high $244 million, up 16.2 percent from 2017.
February 27, 2019
Under the 2018 Tariff Rate Quota (TRQ), Korea purchased a total of 408,700 metric tons (MT) of rice (milled basis) from four countries, including the United States, China, Thailand and Vietnam.
February 26, 2019
This report provides updates on certificates for fresh and frozen poultry products, clarification on certificates for ice cream products containing eggs and document requirements for agriculture....
February 21, 2019
The imported beer market in South Korea continues robust growth due to strong consumer demand for diversified flavors and higher quality.
February 14, 2019
After 10 years under the Living Modified Organism (LMO) Act, Korea plans to improve and revise the LMO Act to address stakeholders’ concerns.
February 14, 2019
On December 24, 2018, Korea issued an updated list of adjustment tariffs and voluntary tariff rate quotas (TRQs) for certain agricultural, forestry and fishery products....
December 20, 2018
The Office of Agricultural Affairs hosted the 7th annual Roundtable on Agriculture in the Democratic People’s Republic of Korea (DPRK) in Seoul on September 13, 2018.