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Korea relies heavily on imports to fulfill its food and agricultural needs. Korea maintains a strong food processing industry that manufactures a wide variety of food and beverage products.
In 2017, domestic raw milk production totaled 2.06 million MT, down less than 1 percent from 2016. Since the FMD outbreak in 2010, local raw milk production has over-corrected....
In marketing year 2018/2019, FAS Seoul projects that Korea’s pear production will decline by close to 20 percent from the previous marketing year to 214,000 MT....
In Marketing Year (MY) 2018/19, heavy rains during the planting season caused farmers to opt out of the government program to reduce rice acreage and continue planting rice.
On November 13, 2015, Statistics Korea (KOSTAT) released its revised 2015 rice production estimate of 4.33 million metric tons.
Post revises rice production upward, despite a decline in planted area, based on record average yields of 5.33 MT/ha, due to favorable weather in September.