Attaché Report (GAIN)

South Korea: 2021 Rice Production Update

On November 15, 2021, Statistics Korea (KOSTAT) released a revised 2021 rice production estimate of 3.882 million metric tons (MMT), up an additional 1.6 percentage points from the initial rice production estimate in early September and up 10.7 percent from the previous year.
Attaché Report (GAIN)

South Korea: Grain and Feed Update

This report is an October 2021 update to the FAS Seoul Grain and Feed Annual released on March 31 and the Grain and Feed Update from June 27.
Attaché Report (GAIN)

South Korea: Grain and Feed Update

The FAS Seoul June 2021 Grain and Feed update covers changes to the Korean rice situation since the March 2021 Grain and Feed Annual report.
Attaché Report (GAIN)

South Korea: Grain and Feed Annual

FAS/Seoul projects Korea’s corn imports and consumption to increase in 2021/22, recovering from a projected 3 percent decline in imports during the current marketing year.
Attaché Report (GAIN)

South Korea: Grain and Feed Update

This report provides updates to the Korean 2020 Rice Production report released by FAS/Seoul on November 18, 2020, based on new data...
Attaché Report (GAIN)

South Korea: 2020 Rice Production Update

On November 12, 2020, Statistics Korea (KOSTAT) released a revised 2020 rice production estimate of 3.507 million metric tons (MMT), down an additional 3.4 percentage points from the initial...
Attaché Report (GAIN)

South Korea: Grain and Feed Update

The MY 2020/21 wheat import forecast remains unchanged at 4 MMT. 2020/21 corn consumption projections are revised up to 12 MMT, consisting of 9.7 MMT for feed purposes and 2.3 MMT for food, seed...
Attaché Report (GAIN)

South Korea: Grain and Feed Update

FAS Seoul’s MY 2020/21 Korean rice production forecast is 3.86 million metric tons (MMT) – up three percent from the initial estimate – due to higher than expected actual planted area.
On April 21, 2020, the Korean government released the final version of a new subsidy program for rice producers to replace the existing direct payment program.
Attaché Report (GAIN)

South Korea: Grain and Feed Annual

Market Year (MY) 2020/21 Korean compound feed production is forecast to reach a record volume of around 21.2 MMT in MY 2020/21, based on strong growth in swine and poultry inventories.
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....
Attaché Report (GAIN)

South Korea: Grain and Feed Update

Under the 2019 rice Tariff Rate Quota (TRQ), Korea purchased a total of 408,700 metric tons (MT) of rice (milled basis) from three countries: the United States, China, and Vietnam.