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On December 26, 2016, Korea announced an updated list of adjustment tariffs and voluntary tariff rate quotas (TRQs) for certain agricultural, forestry and fishery products...
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.
South Africa's agricultural exports reached an estimated $256 million in 2014, up from $226 million in 2010.
South Korea is the fifth largest export market for American agriculture.
Korea is an excellent market for American fruit juices.
Korea’s total citrus production for Marketing Year (MY) 2014/15 is forecast at 688,000 metric tons (MT), 2.4 percent higher than the 672,000 MT of MY 2013/14.
The Korea - Australia FTA will go into effect on December 12, 2014. The first year of this FTA will cover the period December 12-31, 2014.
On November 15, 2014, Statistics Korea (KOSTAT) released its revised rice production estimate of 4,240,739 metric tons.