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Several categories of U.S. food and agricultural exports to South Korea saw significant growth in fiscal year 2017 (Oct/Sept).
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....
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....
The Korean government is expected to continue drawing down rice stocks in MY 2017/18 to 1.3 million metric tons (MMT) from 1.7 MMT in the current marketing year....
The Korean government is expected to continue drawing down rice stocks in MY 2017/18 to 1.3 million metric tons (MMT) from 1.7 MMT in the current marketing year....
Based on data from the Democratic People’s Republic of Korea (DPRK) and United Nations agencies, the estimated net deficiency in food grains and other crops on a grain equivalent basis....
The government of Korea has approved the use of 470,000 MT (milled basis) of rice stocks for feed use in Calendar Year (CY) 2017, a quantity more than five times larger than in CY 2016.