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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.
The outlook for U.S. products in the Korean retail industry is excellent for a wide range of products.
While Korean seafood imports declined in 2020, the United States remains the country's fifth-largest seafood supplier with a 4.1 percent market share.
The Korea- Australia Free Trade Agreement (KAFTA) was officially signed by both parties on April 8th, approximately two years after the KORUS FTA went into effect in March 2012.
Chicken production is expected to increase 5.1 percent to 746,000 MT in 2014 and to 753,000 MT in 2015 due to greater broiler chick production and higher parental stock inventory.