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March 14, 2018
Due to a government program incentivizing a decrease in rice production, FAS Seoul projects that soybean production for Marketing Year (MY) 2018/19 will increase by approximately 20 percent....
March 12, 2018
Due to a government program incentivizing a decrease in rice production, FAS Seoul projects that soybean production for Marketing Year (MY) 2018/19....
February 13, 2018
Despite the challenging economic environment, Korea’s wine imports in 2017 totaled a record high $210 million, up 10 percent from 2016.
February 7, 2018
In MY 2015/16, 37 percent of the total South Korean edible oil supply was palm oil, 35 percent was soybean oil, 9 percent was rapeseed oil and 20 percent was an assortment of other oils.
February 6, 2018
The imported beer market in South Korea continues robust growth due to strong consumer demand for products of diversified taste and higher quality.
February 1, 2018
Korea continues to meet its mandatory import volume of 408,700 metric tons (MT) from Most Favored Nation (MFN) countries, with purchases of 138,610 MT (milled) from the United States in CY 2017.
February 1, 2018
On December 26, 2017, Korea issued an updated list of adjustment tariffs and voluntary tariff rate quotas (TRQs) for certain agricultural, forestry and fishery products....
January 26, 2018
The updates include the merging of the Livestock Code to the Food Code, new food safety policy measures, the updated list of MFDS’s recognized Halal and Kosher certification body, biotech labeling....
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 28, 2017
In February 2017, Korea implemented new biotech labeling requirements for any food with detectable biotech ingredients. In May 2017, the National Seed Management Agency (NSMA) found....
December 26, 2017
Distiller’s dried grains with solubles (DDGS) are a byproduct of corn ethanol production. This derivative is primarily used in compound animal feeds as a vegetable based protein.
December 20, 2017
Citrus production in Marketing Year (MY) 2017/2018 is projected to continue a multi-year decrease to 560,000 MT, the lowest production level for the past two decades.
December 19, 2017
Several categories of U.S. food and agricultural exports to South Korea saw significant growth in fiscal year 2017 (Oct/Sept).
December 18, 2017
U.S. agricultural exports to South Korea have grown in recent years, largely due to tariff reductions and the lifting of non-tariff barriers under the U.S.-Korea Free Trade Agreement (KORUS).
December 7, 2017
On November 14, 2017, Statistics Korea (KOSTAT) released its revised 2017 rice production estimate of 3.972 million metric tons (MMT), slightly up from 3.955 MMT....
November 23, 2017
South Korea’s imports of American food and agricultural products in 2017 through September totaled $6.3 billion, up 25 percent from the same period of the previous year.
November 15, 2017
U.S. farm and food exports climbed eight percent in FY 2017, reaching the third-highest level on record.
November 6, 2017
Rice ending stocks are projected to decrease to 1.7 million metric tons (MMT) and 1.2 MMT in marketing year (MY) 2016/17 and MY 2017/18 respectively, as the Korean government has begun allowing....
November 6, 2017
Although planted area for pears continues to decline in a trend that has continued since the year 2000, expected increased yields will result in an increase in pear production....
October 31, 2017
In 2016, overall local raw milk products decreased 4.5 percent by a volume of 2 million metric tons (MT), but per capita volume consumption continued to increase to 76.4 kilograms in 2016.

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